The formula to calculate the comp sales (CS) is:
CS=CRPR
Where:
Comp sales, or comparable sales, measure the revenue generated by a business in the most recent period compared to the revenue generated in a previous period. This metric helps in understanding the growth or decline in sales performance over time.
Let's assume the following values:
Using the formula to calculate the comp sales (CS):
CS=CRPR=150,000120,000=1.25
The Comp Sales (CS) is 1.25.