käibe

Käibe is the genitive singular form of the Estonian financial term käive, which denotes turnover or revenue. In accounting and business reporting, käive refers to the total value of goods and services sold by a company during a defined period, such as a fiscal year or quarter. It is a top-line metric that indicates the scale of a business and its market activity but does not reflect profitability.

Calculation and scope: Käive is typically recorded as net sales value, commonly excluding value-added tax (VAT). Depending on local standards, it may reflect invoiced sales before VAT and after discounts and returns. In many contexts, käive is used interchangeably with liikevaihto, the standard Estonian term for turnover.

Usage and interpretation: Analysts monitor käive to measure growth (käibekasv) and to compare companies within an industry. Because it represents revenue rather than profit, it should be considered together with costs, margins, and non-operating income when assessing financial performance.

Grammatical note: Käibe is the genitive form used in phrases such as “käibe suurus” (size of turnover) or “käibe kasv” (turnover growth), reflecting how the term appears in Estonian texts.

Relationship to other terms: Tulu is income, and kasum is profit. While käive shows sales activity, kasum reflects earnings after expenses. VAT is typically handled separately in tax reporting.