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.
Norbord Revenue Assessment
Based on latest financial disclosure Norbord Inc reported 1.36 B of revenue. This is 88.79% lower than that of Industrial Goods sector, and about the same as Lumber, Wood Production (which currently averages 1.38 B) industry, The Revenue for all stocks is 86.63% higher than the company.
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Norbord Inc is regarded fourth in revenue category among related companies. Market size based on revenue of Lumber, Wood Production industry is now estimated at about 13.79 Billion. Norbord holds roughly 1.36 Billion in revenue claiming about 10% of all equities under Lumber, Wood Production industry.
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