To calculate comp sales, divide the current revenue by the previous revenue.
Formula:
| Variable | Meaning |
|---|---|
| CS | Comp Sales |
| CR | Current Revenue |
| PR | Previous Revenue |
What is a Comp Sales Calculator?
A Comp Sales Calculator helps businesses measure their comparable sales growth over time. Retailers, sales teams, and financial analysts use this tool to compare revenue from different periods, ensuring a clear understanding of business performance.
For example, if a store made $50,000 this year and $45,000 last year, the comp sales formula helps calculate the percentage increase or decrease. This insight is essential for evaluating business trends, setting future goals, and making data-driven decisions.
