Sales Growth Quarter on Prior Year Quarter measures how quickly a company has been growing. This is measured as the growth against the same quarter in the prior year.
Sales growth shows the increase in sales over a specific period of time - this is important because, as an investor, you want to know that the demand for a company's products or services will be increasing in the future.
Growth rates differ by industry and company size. Sales growth of 5-10% is usually considered good for large-cap companies, while for mid-cap and small-cap companies, sales growth of over 10% is more achievable.
It is important to distinguish however between organic sales growth and acquisitive growth.
| Ticker | Name | Sales Growth | StockRank™ |
|---|---|---|---|
| PNK:SONG | Music Licensing | 24964633.33 | 48 |
| ASX:BCB | Bowen Coking Coal | 10119725.93 | 5 |
| TPE:1438 | SanDi Properties Co | 1814813.33 | 30 |
| ASX:ARR | American Rare Earths | 1151400.00 | 11 |
| ASX:92E | 92 Energy | 1001155.00 | 3 |