Gross sales意思

"Gross sales" is a business term that refers to the total amount of sales revenue generated before any deductions or expenses are taken out. This includes all sales made, regardless of whether they are cash sales, credit sales, or sales on account. Gross sales do not factor in the cost of goods sold, operating expenses, taxes, or any other type of business expense.

In other words, gross sales represent the total revenue from sales transactions without any subtractions for the costs associated with generating those sales. It is an important metric for businesses because it provides a baseline for measuring the performance of the business and is often used to calculate other key financial ratios and metrics, such as gross profit.