What does it mean when something says (in thousands)

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I'm doing a research report, and I need to determine a companies assets. So I found their annual report online, and for the assets, it says (in thousands).

One of the rows is:

Net sales $ 26,234,876

How much would that be in thousands?

I know the company I'm researching makes more than 26 million in sales, so 26 million would not be the correct reporting.

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1 Answer

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Just multiply the number by a 1000. So the answer is $$26\,234\,876 \times 1000 = 26\,234\,876\, 000.$$ This is approximately 26 billion dollars.

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