Financial Statements
Sales Growth
Definition
What is Sales Growth?
The percentage increase or decrease in revenue over a period.
Example in practice
How This Looks in Practice
Revenue rises from ₦4 billion to ₦5 billion, producing 25% sales growth.
Keep learning
Related Terms
Financial Statements
Revenue
Income generated from selling goods or services before expenses are deducted.
Financial StatementsCost of Goods Sold
Direct costs attributable to goods or services sold during a period.
Financial StatementsGross Profit
Revenue minus the direct cost of goods or services sold.
Financial RatiosGross Margin
Gross profit expressed as a percentage of revenue.