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.
AngloGold Revenue Assessment
Based on latest financial disclosure AngloGold Ashanti Ltd reported 5.48 B of revenue. This is 86.62% lower than that of Basic Materials sector, and 698.76% higher than that of Gold industry, The Revenue for all stocks is 46.22% higher than the company.
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AngloGold Ashanti Ltd is rated fourth in revenue category among related companies. Market size based on revenue of Gold industry is presently estimated at about 51.31 Billion. AngloGold retains roughly 5.48 Billion in revenue claiming about 11% of equities under Gold industry.
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