COGS (Accrual) by Product calculates the total cost of goods sold (COGS) for each product sold by a business. This metric helps to analyze profitability and optimize pricing strategies.
With Databox you can track all your metrics from various data sources in one place.
Used to show comparisons between values.
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 COGS (Accrual) by Product using Databox, follow these steps:
The Paid Invoices metric in QuickBooks tracks the total amount of money received from customers against the invoices that you have marked as paid.
The Unpaid Expenses (Bills) Amount by Vendor metric displays the total amount of outstanding bills owed to specific vendors in QuickBooks.
Current Assets refer to the resources that are likely to be turned into cash in only one year or less. Examples include cash, inventory, accounts receivable, and prepaid expenses. It is a critical metric for evaluating a company's liquidity and ability to meet short-term obligations.
This metric segments accrual-based current assets into subcategories like receivables, inventory, and prepaid expenses, offering detailed insight into asset allocation in QuickBooks.
Net Cash Increase is a financial metric that demonstrates the amount by which cash and cash equivalents have increased during a given period. It is calculated by subtracting the cash outflows from the cash inflows.
Net cash provided by Investing activities measures the cash inflows and outflows related to investment activities during a given period, such as purchases and sales of fixed assets, investments in securities, and acquisitions.
Inventory metric refers to the amount of stock or products a business has on hand at any given time. It helps to track inventory levels and measure inventory turnover to optimize cash flow and profitability.
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.