Share on Facebook Share on Twitter Email
Answers.com

gross sales

 

A measure of overall sales that isn't adjusted for customer discounts or returns, calculated simply by adding all sales invoices, and not including operating expenses, cost of goods sold, payment of taxes, or any other charge.

Investopedia Says:
Gross sales is usually an important measure for those companies in the consumer retail industry. It measures the amount of product that a company sells relative to its competitors, and can also reflect consumer spending habits.

Related Links:
Predicting sales growth can be something of a black art - unless you ask the right questions. Great Expectations: Forecasting Sales Growth
Learn how to use revenue and expenses, among other factors, to break down and analyze a company. Understanding The Income Statement
If used properly, this ratio can give you insight into a company's productivity and financial health. Doing More With Less: The Sales-Per-Employee Ratio


Search unanswered questions...
Enter a question here...
Search: All sources Community Q&A Reference topics
Accounting Dictionary: Gross Sales
Top

Total sales before sales discounts and sales returns and allowances. It equals total unit sales times the selling price per unit. For example, if total units sold are 20,000 and the selling price is $5, gross sales are $100,000.

WordNet: gross sales
Top
Note: click on a word meaning below to see its connections and related words.

The noun has one meaning:

Meaning #1: income (at invoice values) received for goods and services over some given period of time
  Synonyms: gross revenue, sales


 
 

 

Copyrights:

Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved.  Read more
Accounting Dictionary. Dictionary of Accounting Terms. Copyright © 2005 by Barron's Educational Series, Inc. All rights reserved.  Read more
WordNet. WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved.  Read more