Track all of your key business metrics from one screen
GET STARTED
QuickBooks
Average Price (Cash) by Product
The Average Sales by Product metric displays the mean selling price for each product in the Product Service Summary report of QuickBooks, facilitating clear and direct pricing insights.
With Databox you can track all your metrics from various data sources in one place.
- About
- Technical Details
What is "Average Price (Cash) by Product"?
The Average Price by Product metric calculates the average selling price of products over a specific time period. This metric allows businesses to analyze the pricing strategy of their products and identify opportunities to increase or decrease prices. The formula to calculate this metric is the total revenue generated by a specific product divided by the total quantity sold of that product. This metric is important to track for businesses as it directly impacts their bottom line and profitability.
Example: Calculating the Average Price by Product metric can help a retail business determine which items are their best-sellers by comparing the prices of their products and the sales volume of each.
Visualizations
-
Bar and Line Chart
Used to show comparisons between values.
How to track Average Price (Cash) by Product in Databox?
Databox is a business analytics software that allows you to track and visualize your most important metrics from any data source in one centralized platform.
To track Average Price (Cash) by Product using Databox, follow these steps:
-
1Connect QuickBooks that contains the metric you want to track
-
2Select the metric you want to track from the list of available metrics
-
3Drag and drop the selected metric onto your dashboard
-
4Watch your dashboard populate in seconds
-
5Put Average Price (Cash) by Product on the Performance screen
-
6Get Average Price (Cash) by Product performance daily with Scorecards or as a weekly digest
-
7Set Goals to track and improve performance of Average Price (Cash) by Product
GoalsSet Goals to track and improve your performance
ScorecardsGet your daily progress every morning with Scorecards
Metric DigestReceive detailed weekly performance updates
Metric BuilderBuilt your own custom metrics with Metric Builder
Data CalculationsSet Goals to track and improve your performance
Performance ScreenGet instant insights into your top-performing metrics
General
-
DescriptionThe Average Sales by Product metric displays the mean selling price for each product in the Product Service Summary report of QuickBooks, facilitating clear and direct pricing insights.
-
CategoryAccounting
-
Date Added2016-05-20
Specification
-
Metric Typegeneral
-
DimensionalYes
-
Decimal DigitsYes
-
Currency UnitsYes
-
GranularitiesDaily, weekly, monthly, yearly, quarterly and all-time.
-
Custom Relative PeriodsYes
-
Data AvailabilityAt sync, it ranges from 36 months ago midnight to now.
-
Retroactive Data UpdatesNewly synced data is merged with existing data, replacing values for matching periods.
-
Future Data AvailableNo
Visualization
-
Default FormatPrefixCurrency
-
Cumulative GraphNo
-
Favorable Trendincreasing
-
Media CreativesNo
-
ForecastsYes
-
BenchmarksNo
Related Metrics
-
QuickBooks
Cost of Goods Sold (Cash)
Cost of Goods Sold (Cash) is a financial metric that calculates the direct costs incurred in producing goods or services sold during a specific period, reflecting the cash outflows related to inventory, manufacturing, and raw materials.
-
QuickBooks
Other Expenses (Accrual)
Other Expenses (Accrual) is a financial metric that represents the sum of all non-operating expenses incurred by a business but not directly related to its core operations, such as interest expense, taxes, or litigation costs.
-
QuickBooks
Net Operating Income (Cash)
Net Operating Income (Cash) is a profitability metric that reflects the income generated by a business's operations after deducting operating expenses and taxes but before deducting interest and other non-operating expenses.
-
QuickBooks
Balance by Bank Accounts & Credit Cards (Accrual)
Displays current balances from linked bank and credit card accounts in QuickBooks, providing a complete snapshot of your financial position.
-
QuickBooks
Current Assets (Accrual) by Subcategory
This metric segments accrual-based current assets into subcategories like receivables, inventory, and prepaid expenses, offering detailed insight into asset allocation in QuickBooks.
-
QuickBooks
Amount (Cash) by Product
The Amount by Product metric refers to the total amount of revenue generated by each product sold in your business. It helps you identify your best-performing products and make data-driven decisions to optimize your sales strategy.
-
QuickBooks
Percentage of Sales (Cash) by Product
Percentage of Sales by Product metric shows the contribution of each product to the total sales of a business, expressed as a percentage.
-
QuickBooks
Cash Inflow
Cash Inflow shows the total cash received from operations, reflecting actual revenue generation and providing insight into a business's liquidity in QuickBooks.
Build your first dashboard in 5 minutes or less
Easy-to-use analytics for growing businesses
2025 © Databox, Inc. All Rights Reserved.