Q:

What is the formula for calculating sales per day?

A:

Quick Answer

Average daily sales are calculated by dividing the annual sales by the number of days in the sales period. This formula allows a business to calculate its sales per day using information from annual, quarterly or semi-annual sales.

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What is the formula for calculating sales per day?
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Full Answer

According to the Houston Chronicle, sales revenue is the profit a company makes after it pays its creditors. Calculating daily sales helps a business position itself during the lean times of the year. Additionally, this information assists a business owner by identifying areas for improvement, such as limiting spending in certain quarters. Calculations of sales data are used for different divisions in a company to identify its weaknesses and strengths.

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