How is the turnover of a company calculated?

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Carlos Laforet Coll
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How is the turnover of a company calculated?

How is the turnover of a company calculated?

Turnover is equal to the sum of all revenues from sales and / or the provision of services as well as other ordinary revenues and income of a company in the tax year that originates from the invoices issued.

What is the gross turnover?

Gross Turnover includes sales of products manufactured by the company, processing for third parties on raw materials and semi-finished products of third parties, processing and industrial services on order of third parties, the sale of goods purchased in their own name and resold without transformation, income for ...

Where do I find the turnover?

The turnover is reported in the financial statements, more precisely in the section of the Income Statement, under the heading "Revenues".

What is meant by revenue or compensation?

In fact, the revenues represent the total monetary value of the revenues, while the gain is given by the difference between the revenues and the operating costs of a given activity. ... The amount of the latter can also be calculated as the sum of costs and earnings.

Where is the turnover in the balance sheet?

The turnover is reported in the financial statements, more precisely in the section of the Income Statement, under the heading "Revenues". The financial statements are provided in the reclassified version.

How is the average monthly turnover calculated?

The monthly average is calculated by dividing the sum by the number of months in which the VAT number has been active. For those who opened the business after January 2019, XNUMX: the month in which the VAT number was opened is not considered the month of activity, but starts from the following month.

How to estimate a turnover?

A much simpler way to calculate the value of a company based on turnover is to assign a numerical factor in reference to the customers acquired. To give an example: company value = (average value of a sale) x (average number of transactions) x (duration of the relationship).

How to calculate the turnover for the non-repayable fund?

Calculation of the average monthly turnover Very briefly, those who receive the contribution for the first time apply rates ranging from 30 to 90% of the average monthly difference, while those who had already taken the previous compensation take from 20 to 60% of the average monthly loss .
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