revenue


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Related to revenue: sales revenue, Total revenue

Unearned income (revenue)

Income received in advance of the time at which it is earned, such as prepaid rent.

Revenue

The amount of money a company earns through the sale of goods or services, rents, and other sources. Revenue is the amount the company makes; it should not be confused with profit, which is revenue less expenses. Likewise, it should not be confused with cash flow, as revenue can be money owed but not yet paid.

revenue

The inflow of assets that results from sales of goods and services and earnings from dividends, interest, and rent. Revenue is often received in the form of cash but also may be in the form of receivables to be turned into cash at a later date.

Revenue.

Revenue is the money you collect for providing a product or service.

Revenue is different from earnings, which is what's left of your revenue after subtracting the costs of producing or delivering the product or service and any taxes you paid on the amount you took in.

When corporations release their financial statements, those that provide services, such as power or telecommunications companies, describe their income as revenues, while those that manufacture products, such as lightbulbs or books, describe their income as sales.

The money a government collects in taxes is also called revenue. The US body that collects those taxes is called the Internal Revenue Service (IRS). In the United Kingdom, it's Inland Revenue.

revenue

  1. the money received by a firm from the sale of its output of GOODS or SERVICES (SALES REVENUE).
  2. money received by the government from TAXATION.

revenue

the money received by a firm from selling its output of GOODS or SERVICES (SALES REVENUE) or money received by government from TAXATION. See AVERAGE REVENUE, MARGINAL REVENUE, TOTAL REVENUE.

revenue

The total rent, sales, or earnings of a company. When negotiating for the purchase of income-producing property, be sure to inquire about the seller's definition of revenue rather than make the assumption that the seller is using the correct terminology to describe figures supplied to you. Contrast with income.

References in periodicals archive ?
* Hovnanian Enterprises, Inc.(NYSE:HOV) is projected to report quarterly loss at $0.06 per share on revenue of $462.00 million.
As a result of tax differences, the number of Estonians and Scandinavians buying excise goods in Latvia has been growing in recent years, the Revenue Service informed, noting that sales of alcohol and other excise goods have been rising in Latvia-Estonia border areas, increasing Latvia's excise revenue.
He said the county had a potential of collecting Sh1.5 billion a year in revenues. "Counties can no longer continue depending on shareable revenue and there need for them to come up with measures to improve own revenue collection to ensure services are not disrupted," said Mr Oparanya.
Service revenue from mid-market and enterprise customers billing greater than USD 10,000 in MRR, adjusting for constant currency and excluding legacy DXI revenue, increased 51% year-over-year and represents 30% of total service revenue.
During the first six months of last fiscal year 2017-18, the provisional revenue collection had reached Rs1.722tr after posting a healthy 17.5pc growth over the preceding year.
She said that with no improvement in revenue collection, total spending would decline; debt would increase while fiscal space would shrink.
Fouzia Fakhar (Inland Revenue Service/BS-20) has been transferred and posted as Commissioner Inland Revenue (IP/TFD) Corporate Regional Tax Office, Lahore from the post of Commissioner, Inland Revenue (Appeals-IV), Lahore.
The Minister directed the Sindh Secretary Revenue to present proposals of well reputed officers for posting on all vacant positions in Revenue department throughout Sindh.
The BOC pointed out that the Port of Tacloban has already collected its annual revenue target for 2018, generating a total revenue of P394 million, which is 47.57 percent higher than its P267-million annual target.
'Bungoma had a revenue collection of Sh182.7 million in the year 2013-14.
The senior lien revenue bonds will be offered via negotiated sale on or about January 30.
COMPANIES BY REVENUE This print edition of the Healthcare Informatics WO reflects a partial set of data.