Total Revenue Or Total Revenues
Revenue refers in general to some amount of income collected.
Total revenue or total revenues. Total revenue equals the number of items of a good or service sold multiplied by the price of the good or service. Revenue is the total income generated by the sale of goods or services related to the company s core operations. Here s how you ll calculate total revenue for forecasting purposes. For start up companies that have yet to turn a profit revenue can sometimes serve as a gauge of potential profitability in the future.
Your total racket sales are 150 and your total revenues. Suppose further that market price of each unit is rs 20. Total revenue quantity sold x price. The difference between total revenue of 3.
Quantum reported total fourth quarter revenue of 37 6 million up from total revenue of 9 1 million during the comparable period of fy 04 while the company s total revenue for the year ended april 30 was 54 3 million compared to total revenue of 28 1 million for the previous fiscal year. A survey produced quarterly by the census bureau that provides estimates of total operating revenue and percentage of revenue by customer class for communication key. For instance suppose 1000 units of a product are produced by a firm. Total revenue price x number of units sold.
For example if you sell 100 tennis rackets at 30 each your total revenue from those racket sales is 3 000. If a company has less revenue all else being equal it s going to make less money. It is also referred to as the total sales. If you sell 50 tennis rackets for 70 dollars each your total revenue for those sales is 3 500.
Revenues would therefore be incomescollected but it s not so simple as various traditional notions are in play. Definition of total revenue. The total revenue figure is important because a business must bring in money to turn a profit. Rarely are political and state functions more scrutinized and debated than in post revolutionary after 1789 france.
If the hot dogs are sold at 4 00 each the total revenue would equal 40 10 x 40. Take for example a leather craftsman who sells boots for 100 per pair. Revenues are the monies you generate from sales or other activities. Revenue is a french word.
The revenue realised from the sale of entire output at this price would be rs 20 000. The maker of database and e business software said total revenue grew by about 9 percent during the quarter. If he regularly sells 50 pairs per month his total revenue is 5 000 100 x 50 5 000.