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What is the difference btwn "Sales" and "Turnvoer".
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Answer / muhammad aamir razzaq
Sales OR Sales Revenue = (Sales Price)*No of products sold
in specific time period
Turnover = How many times a company's products sold in a
specific time(usually a year). It can be how many times a
product is sold in a specific store in a year(in this case
we will say this product has turnover of 1000 times in this
store)
Sales Turnover= (Sales Price)* (No of products produced/
purchased and disposed off the company's warehouse, may be
on credit, may be some products damaged/in retail-shops,
some sold on discounts or promotions by retailors, some
promoted as 1+1 offers...)
This mean a company's Sales turnover can be "Equal to" OR
"GREATOR than" its Sales Revenues.
Example:
Mr. A is selling oranges and bananas. He eat himself 1
dozen bananas, and 1 dozen orange he give to poor for free.
Now Sales turnover also counts What he eat and what he give
to poor, BUT Sales Revenue will only count what is sold for
exchange of money.
| Is This Answer Correct ? | 13 Yes | 2 No |
Sales = Revenue
Turnover= Total production.
| Is This Answer Correct ? | 19 Yes | 14 No |
Answer / d.v.sridhar
Sales = Turnover - Discounts if any - Taxes related to
production.
In a more understandable way, turnover is the gross sales,
which includes Discounts and Taxes related to that
particular product/service.
*Discounts include Trade Discounts
*Taxes include Turnover taxes etc.,
| Is This Answer Correct ? | 11 Yes | 7 No |
Answer / mahender
sales= how much you sold the goods
Turnover=how much you produced the goods
| Is This Answer Correct ? | 8 Yes | 7 No |
Answer / hank
slaes is the monetary value of the amount of physical goods
sold
| Is This Answer Correct ? | 2 Yes | 4 No |
Answer / santhosh n shanbhag
Sales is the Number of that particular product sold. For
Example "The Number of Cigarette packets sold" i.e, 10 pack
of cigarette. Its just a Number with out any units.
While the Turnover is The amount that you gained after
selling that product. Example 10 pack of Rupee 60 each i.e.,
10*60=600. So the Turnover is 600
| Is This Answer Correct ? | 0 Yes | 2 No |
Answer / devidas deshmukh
Sales Means how much you sold Cash or Credit basis for the
financial year.
tournover is all same your busniss revenue for the
financial year.
| Is This Answer Correct ? | 2 Yes | 5 No |
Answer / ratnakar silekar
Sales are total selling items but Turnover are main source
of income i.e sales or Purchese
| Is This Answer Correct ? | 0 Yes | 7 No |
Answer / nitin
Sales is total revenue
and
turnover is Deposits + Advances + investment
| Is This Answer Correct ? | 4 Yes | 12 No |
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