turn over and revenue
This query is : Resolved
03 September 2007
what is the difference between turn over and revenue of a company
03 September 2007
Turnover is the total sales made Revenue is the total receipts ( which includes the sales and other receipts or incomes)
06 September 2007
turnover: U.S. accounting, is the number of times an asset is replaced during a financial period; often used in terms of inventory turnover or accounts receivable turnover. In securities, for either a portfolio or exchange, TURNOVER is the number of shares traded for a period as a percentage of the total shares. In Great Britain, TURNOVER means sales.
Revenue:is the inflows of assets from selling goods and providing services to customers; including the reduction of liabilities from selling goods and providing services to customers.
hope this clears ur query..
Revenue:is the inflows of assets from selling goods and providing services to customers; including the reduction of liabilities from selling goods and providing services to customers.
hope this clears ur query..
18 November 2007
Turnover: Sales
Revenues: Inflows/Receipts
It is something like Gross and Net.
Good Luck.
Revenues: Inflows/Receipts
It is something like Gross and Net.
Good Luck.
07 June 2008
Turnover:
a. The number of times a particular stock of goods is sold and restocked during a given period of time.
b. The amount of business transacted during a given period of time.
c. The number of shares of stock sold on the market during a given period of time.
Revenue:
Revenue is the amount of money that is received into a company by its business activities during a specific period, including discounts and deductions for returned merchandise. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income.
S.Srinivasaraghavan
a. The number of times a particular stock of goods is sold and restocked during a given period of time.
b. The amount of business transacted during a given period of time.
c. The number of shares of stock sold on the market during a given period of time.
Revenue:
Revenue is the amount of money that is received into a company by its business activities during a specific period, including discounts and deductions for returned merchandise. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income.
S.Srinivasaraghavan
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