sales revenue
Sales revenue is the total amount of money a business earns from selling its products or services during a specific period. It is calculated by multiplying the number of units sold by the price per unit. This figure is crucial for assessing a company's financial performance and helps in making informed business decisions.
Sales revenue is often reported on a company's income statement and is a key indicator of its growth and profitability. It can be influenced by various factors, including market demand, pricing strategies, and competition. Understanding sales revenue helps businesses strategize for future sales and investments.