CONSOLIDATED SALES Meaning and
Definition
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Consolidated sales refers to the total revenue generated by a company and all its subsidiaries or affiliated entities over a specified period. It is a financial metric used to evaluate the overall performance and financial health of the entire corporate group, rather than focusing solely on individual entities within the group.
When a company has multiple subsidiaries or affiliates, each with its own sales figures, analyzing consolidated sales provides a comprehensive picture of the group's total sales and eliminates redundancies or duplication of sales figures. This information is important for investors, stakeholders, and financial analysts to assess the company's overall market strength and profitability.
Consolidated sales are typically measured by adding up the sales figures of each entity within the corporate group. This can include both tangible goods or products and intangible services that the group generates. It provides a holistic view of the group's sales performance, capturing the combined effects of various factors such as market demand, pricing strategy, product diversification, and geographic presence.
Companies consolidate sales figures to present a more accurate and transparent view of their overall revenue stream. This helps in better decision-making, resource allocation, and strategic planning for the corporate group as a whole. Additionally, consolidated sales figures are often used in financial reporting and regulatory compliance to ensure accurate representation of the group's financial position and performance.
Common Misspellings for CONSOLIDATED SALES
- xonsolidated sales
- vonsolidated sales
- fonsolidated sales
- donsolidated sales
- cinsolidated sales
- cknsolidated sales
- clnsolidated sales
- cpnsolidated sales
- c0nsolidated sales
- c9nsolidated sales
- cobsolidated sales
- comsolidated sales
- cojsolidated sales
- cohsolidated sales
- conaolidated sales
- conzolidated sales
- conxolidated sales
- condolidated sales
- coneolidated sales
- conwolidated sales
Etymology of CONSOLIDATED SALES
The word "consolidated" comes from the Latin word "consolidare", which means to make firm or solid. It is derived from the combination of "con-" (together) and "solidare" (to make solid).
The term "sales" has its roots in Old English, where it was originally spelled as "sǣl", meaning a contract or agreement. It later evolved into the meaning of "selling of goods or services".
When these two words are combined, "consolidated sales" refers to the process of combining or merging multiple sales figures or financial statements into one comprehensive report. It is commonly used to represent the overall sales performance of a company or a group of affiliated companies.
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