Difference between revisions of "Revenue"
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== Definition == | == Definition == | ||
'''Revenue''' (''revenue stream'') are all financial rewards (expressed in monetary amounts, cash equivalents or otherwise) that a company generates (receives as a form of payment) from each [[Customer Segment]] in which it operates. | '''Revenue''' (''revenue stream'') are all financial rewards (expressed in monetary amounts, cash equivalents or otherwise) that a company generates (receives as a form of payment) from each [[Customer Segment]] in which it operates. | ||
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| + | Revenue in accounting context is the gross inflow of economic benefits during the period arising in the course of the ordinary activities of an entity when those inflows result in increases in equity, other than increases relating to contributions from equity participants. | ||
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Revenues may be in the form of lump-sums from sales, regular fees etc. Revenues have a natural decomposition into sales volumes (number of clients) and revenue per sale (number of products sold, revenue per product etc). A metric that is commonly used to capture revenue in a comprehensive way is Customer Lifetime Value which attempts to cumulate total profit from the lifetime of the client relationship | Revenues may be in the form of lump-sums from sales, regular fees etc. Revenues have a natural decomposition into sales volumes (number of clients) and revenue per sale (number of products sold, revenue per product etc). A metric that is commonly used to capture revenue in a comprehensive way is Customer Lifetime Value which attempts to cumulate total profit from the lifetime of the client relationship | ||
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| + | == Usage == | ||
| + | * [[Income Statement]] | ||
| + | |||
| + | == XBRL Properties == | ||
| + | * IFRS Prefix: ifrs-smes | ||
| + | * Element Name: Revenue | ||
| + | * Common Initials: | ||
| + | * Element Type and Attributes: Xduration, credit | ||
| + | * [[Accounts Hierarchy Structure | Hierarchy Level]]: 2 | ||
| + | * IFRS References: <ref>IFRS for SMEs23.30[2015-12-01]Disclosure, IFRS for SMEs5.5a[2015-12-01]Disclosure</ref> | ||
== See Also == | == See Also == | ||
* [[Revenue Risk]] | * [[Revenue Risk]] | ||
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| + | == References == | ||
| + | <references/> | ||
| + | |||
| + | |||
| + | [[Category:Income Statement Items]] | ||
| + | [[Category:XBRL]] | ||
[[Category:Business Models]] | [[Category:Business Models]] | ||
Revision as of 14:29, 13 April 2021
Definition
Revenue (revenue stream) are all financial rewards (expressed in monetary amounts, cash equivalents or otherwise) that a company generates (receives as a form of payment) from each Customer Segment in which it operates.
Revenue in accounting context is the gross inflow of economic benefits during the period arising in the course of the ordinary activities of an entity when those inflows result in increases in equity, other than increases relating to contributions from equity participants.
Revenues may be in the form of lump-sums from sales, regular fees etc. Revenues have a natural decomposition into sales volumes (number of clients) and revenue per sale (number of products sold, revenue per product etc). A metric that is commonly used to capture revenue in a comprehensive way is Customer Lifetime Value which attempts to cumulate total profit from the lifetime of the client relationship
Usage
XBRL Properties
- IFRS Prefix: ifrs-smes
- Element Name: Revenue
- Common Initials:
- Element Type and Attributes: Xduration, credit
- Hierarchy Level: 2
- IFRS References: [1]
See Also
References
- ↑ IFRS for SMEs23.30[2015-12-01]Disclosure, IFRS for SMEs5.5a[2015-12-01]Disclosure
