What does Sales 3y Avg mean?
This is the average sales of the last 3 years.
Stockopedia explains Sales 3y Avg...
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.
