gross sales

Gross sales

Total sales calculated by summing all sales at invoice values, neglecting any adjustments such as customer discounts, excise taxes, or returns.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Gross Sales

The revenue a company derives from sales before making any deductions for discounts, transportation, and some other expenses. Gross sales contrast with net sales, which account for some of these basis expenses. They also contrast with cash flow because gross sales include credit sales that the company may not have collected.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

gross sales

Total sales for a period before discounts, returns, and freight expenses have been deducted. Compare net sales.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
Mentioned in
Copyright © 2003-2025 Farlex, Inc Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.