sales revenue


Also found in: Dictionary.
Related to sales revenue: Cost of sales

sales revenue

the income generated from the sale of GOODS and SERVICES. Sales revenue depends upon the volume of a product sold and the price of the product.

In a company's PROFIT-AND-LOSS ACCOUNT, sales revenue is generally recorded net of VAT and any trade discounts given, for subsequent comparison with costs.

sales revenue

the income generated from the sale of GOODS and SERVICES. Sales revenue depends upon the volume of a product sold and the PRICE of the product.

See TOTAL REVENUE, PRICE-ELASTICITY OF DEMAND.