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.
Avis Revenue Assessment
Based on latest financial disclosure Avis Budget Group Inc reported 7.78 B of revenue. This is 14.05% lower than that of Services sector, and 590.76% higher than that of Rental and Leasing Services industry, The Revenue for all stocks is 23.54% higher than the company.
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Avis Budget Group Inc is rated third in revenue category among related companies. Market size based on revenue of Rental and Leasing Services industry is currently estimated at about 47.22 Billion. Avis retains roughly 7.78 Billion in revenue claiming about 16% of equities listed under Rental and Leasing Services industry.
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