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QuickBooks
Gross Profit Growth (Accrual)
Gross Profit Growth (Accrual) measures the change in cash-based gross profit from one period to the next. It is found by subtracting the cost of goods sold (COGS) from total revenue and then comparing this figure between two periods.
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- About
- Technical Details
What is "Gross Profit Growth (Accrual)"?
Gross Profit Growth (Accrual) measures the change in a company's cash gross profit over time, calculated by the growth rate of gross profit between periods. It reflects operational efficiency and profitability, where an increase suggests better efficiency or pricing power, and a decrease may indicate cost or pricing issues. This metric is key for strategic business decisions.
Example: If a company's gross profit was $150,000 last year and $180,000 this year, the Gross Profit Growth (Cash) would be calculated as (($180,000 - $150,000) / $150,000) * 100 = 20%, indicating a 20% increase in gross profit.
Visualizations
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Number
Used to show a simple Metric or to draw attention to one key number.
How to track Gross Profit Growth (Accrual) 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 Gross Profit Growth (Accrual) using Databox, follow these steps:
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1Connect QuickBooks that contains the metric you want to track
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2Select the metric you want to track from the list of available metrics
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3Drag and drop the selected metric onto your dashboard
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4Watch your dashboard populate in seconds
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5Put Gross Profit Growth (Accrual) on the Performance screen
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6Get Gross Profit Growth (Accrual) performance daily with Scorecards or as a weekly digest
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7Set Goals to track and improve performance of Gross Profit Growth (Accrual)
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
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DescriptionGross Profit Growth (Accrual) measures the change in cash-based gross profit from one period to the next. It is found by subtracting the cost of goods sold (COGS) from total revenue and then comparing this figure between two periods.
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CategoryAccounting
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Date Added2016-05-20
Specification
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Metric Typegeneral
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DimensionalNo
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Decimal DigitsYes
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Currency UnitsNo
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GranularitiesDaily, weekly, monthly, quarterly, yearly and all-time.
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Custom Relative PeriodsYes
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Data AvailabilityAt sync, it ranges from 36 months ago midnight to 1 year.
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Retroactive Data UpdatesExisting data is purged in favor of the most recent synced data.
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Future Data AvailableNo
Visualization
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Default FormatPercentage
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Cumulative GraphNo
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Favorable Trendincreasing
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Media CreativesNo
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ForecastsYes
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BenchmarksYes
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