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.
Salix Revenue Assessment
Based on latest financial disclosure Salix Pharmaceuticals Ltd reported 766.91 M of revenue. This is 83.69% lower than that of Healthcare sector, and 86.04% lower than that of Drugs - Generic industry, The Revenue for all stocks is 90.6% higher than the company.
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Salix Pharmaceuticals Ltd is rated third in revenue category among related companies. Market size based on revenue of Drugs - Generic industry is at this time estimated at about 9.03 Billion. Salix holds roughly 766.91 Million in revenue claiming about 8% of equities under Drugs - Generic industry.
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