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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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Gross Profit Growth (Accrual) 2.190,879 Start tracking this metric
  • 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

  • Databox visualization

    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:

  1. 1
    Connect QuickBooks that contains the metric you want to track
  2. 2
    Select the metric you want to track from the list of available metrics
  3. 3
    Drag and drop the selected metric onto your dashboard
  4. 4
    Watch your dashboard populate in seconds
  5. 5
    Put Gross Profit Growth (Accrual) on the Performance screen
  6. 6
    Get Gross Profit Growth (Accrual) performance daily with Scorecards or as a weekly digest
  7. 7
    Set Goals to track and improve performance of Gross Profit Growth (Accrual)
Goals

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Scorecards

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Metric Digest

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Metric Builder

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Data Calculations

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Performance Screen

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QuickBooks integration with Databox Track Gross Profit Growth (Accrual) from QuickBooks in Databox GET STARTED

General

  • Description
    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.
  • Category
    Accounting
  • Date Added
    2016-05-20

Specification

  • Metric Type
    general
  • Dimensional
    No
  • Decimal Digits
    Yes
  • Currency Units
    No
  • Granularities
    Daily, weekly, monthly, quarterly, yearly and all-time.
  • Custom Relative Periods
    Yes
  • Data Availability
    At sync, it ranges from 36 months ago midnight to 1 year.
  • Retroactive Data Updates
    Existing data is purged in favor of the most recent synced data.
  • Future Data Available
    No

Visualization

  • Default Format
    Percentage
  • Cumulative Graph
    No
  • Favorable Trend
    increasing
  • Media Creatives
    No
  • Forecasts
    Yes
  • Benchmarks
    Yes

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