Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of business and is important item when evaluating financial statements of a company. Revenues from a firm's main business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can includes product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Ashland Revenue Assessment
Based on latest financial disclosure Ashland Inc reported 8.04 B of revenue. This is 79.87% lower than that of Basic Materials sector, and 28.11% lower than that of Chemicals - Major Diversified industry, The Revenue for all stocks is 1.43% higher than the company.
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Ashland Inc is rated below average in revenue category among related companies. Market size based on revenue of Chemicals - Major Diversified industry is presently estimated at about 155.2 Billion. Ashland holds roughly 8.04 Billion in revenue claiming about 5% of stocks in Chemicals - Major Diversified industry.
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