oboloo

oboloo Glossary

Net Sales Is Revenue

oboloo Glossary

Net Sales Is Revenue

Net sales is the total amount of revenue from goods and services sold, before any deductions. It is often referred to as gross sales or simply “sales,” though it can also include income from other sources such as shipping fees. Net sales are typically reported on a company’s income statement, providing investors and analysts with a benchmark for evaluating its performance over time. By subtracting costs like overhead and taxes, net sales gives an accurate picture of a business’s true revenue—a key indicator of its financial health.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971