What is revenue?
by Catherine Woods - Tuesday, 10th June 2008 -
I was browsing the Real FD Facebook group the other day when I came across a new discussion topic – what is revenue?
The group member who posted the question wrote the following: “Go on – someone define it for me. Then we can argue. It’s a maze.”
Being a bit of a wuss, I declined to answer but thought it might be interesting to throw it out to the masses.
What is revenue?
Wikipedia defines it as a “US business term for the amount of money that a company receives from its activities in a given period, mostly from sales of products and/or services to customers”.
Ask Oxford says revenue is “the income received by an organisation”.
Even The Domesday Book online glossary tackles this question. The glossary says it’s this: “The provision which a manor owed the king, for example one night's keep for his court. In Domesday this is often translated into a money equivalent as cash replaced the barter economy.”
Is this a relevant debate? What is your definition of revenue?
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Related tags: revenue, definition, real fd, facebook, sales,
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