The 3 Year Average Sales tries to smooth out a company’s sales over multiple years to recognise that Sales fluctuate from year to year. it is calculated as the average sales over the last 3 years.
The sales figure gives a sense for the scale of a company, although companies can have very different profit margins depending on the industry and state of the business, so this may not bear much relation to the earnings figure.
Some however argue for the importance of sales, since sales figures are less easy to manipulate than either earnings or book value.
Ticker | Name | Sales 3y Avg | StockRank™ |
---|---|---|---|
LON:SHEL | Shell | 319,812,666,666.67 | 94 |
LON:GLEN | Glencore | 225,854,666,666.67 | 69 |
LON:BP. | BP | 203,087,000,000.00 | 53 |
LON:HSBA | HSBC Holdings | 66,572,333,333.33 | 94 |
LON:TSCO | Tesco | 64,951,000,000.00 | 80 |