About Gross Revenue Calculator (Formula)
The Gross Revenue Calculator utilizes the following formula to determine the gross revenue:
GR=NR+COGS
Where:
- Gross Revenue (GR) represents the total income generated from sales or services before deducting any expenses.
- Net Revenue (NR) is the revenue obtained after accounting for returns, discounts, and allowances.
- Cost of Goods Sold (COGS) refers to the direct costs incurred in producing or providing the goods or services being sold.
This calculation provides a fundamental metric for businesses, indicating the overall income generated from their operations. It is a crucial figure in assessing the financial performance and profitability of a company.