The turnover of an enterprise implies one of the important values of the company's activities, which underlies the calculation of indicators such as payback and daily turnover rate. Determining the turnover of an enterprise allows you to identify profitability and work out a further development strategy.
Instructions
Step 1
Think about the period for which you need to calculate the company's turnover - it could be a quarter, month, half a year, a year, or several years. In fact, you can take any period, the main thing is that it can be consistent with other indicators that you have on the timeline. Basically, a time period of one year is taken.
Step 2
Output the number of sales made during the billing period. Next, you need to calculate all the revenue that was received during the study period. To do this, add up the monetary value of all products sold during the reporting period.
Step 3
Calculate the sum of all costs incurred during the reporting period that you selected earlier. Calculate the amount of all liabilities and costs incurred by your company during the period under review for all types of goods that were sold. Summarize the obtained values from sales.
Step 4
Divide the resulting value by the number that you get when adding up the costs. At the same time, the higher the result of this calculation, the more profitable your company, and the better directed the use of available assets. Indeed, with an increase in the amount of turnover, the profit received increases.
Step 5
Use the classic calculation system for more detailed calculations. To do this, subtract from the estimated annual (monthly or quarterly) turnover the amount of funds that are required to purchase goods for this period. In turn, do not forget to include in the list of regular costs: payment of salaries to employees, transportation costs, rent for premises, insurance, communications (telephone, fax, Internet), depreciation and repair of existing equipment, legal advice, taxes. The resulting total resulting from all major deductions made is the profit.
