What Are the Best Tips for Calculating Turnover?
Based on statistical and data analysis methods, the attempt is made to predict the sales revenue that may be generated in the future. Commonly used in company management, finance and market judgment.
Sales revenue forecast
Right!
- Chinese name
- Sales revenue forecast
- basic work
- Identify prediction objects, time, etc.
- Meaning
- Product prediction based on future market demand
- method of prediction
- Based on statistical and data analysis methods, the attempt is made to predict the sales revenue that may be generated in the future. Commonly used in company management, finance and market judgment.
- Sales revenue forecast is based on the past sales situation, combined with the investigation of future market demand, the forecast and calculation of product sales revenue in the forecast period, to guide
- The methods of sales revenue forecasting mainly include time series method, causal analysis method and cost-benefit analysis method.
- The time series method is to determine the predicted value of product sales revenue in the forecast period by calculating and analyzing the actual data of the past several periods in accordance with the time sequence. Due to the different calculation procedures, this method can be divided into the historical period (season) average method, rolling (or weighted) average method, base number plus average change trend method.
- The causal (correlation) analysis method uses the internal cause-effect relationship of things to develop and focuses on the role of external factors that affect the development and change of things to predict the trend of things in the planning period. This method is generally applicable to companies whose sales have skyrocketed.
- The cost-volume-profit analysis method is based on the division of costs into variable costs and fixed costs. Based on the inherent relationship between cost of sales, sales volume and profit, it is assumed that two factors are known to infer the other factor. To find the best solution. By using this method, it is possible to predict both the break-even point sales volume and sales revenue, as well as the sales volume and sales revenue required to achieve the target profit.