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QuickBooks Gross Profit Margin (Accrual)

Gross Profit Margin (Accrual) is a metric that shows the amount of revenue left over after deducting the direct cost of goods sold, and it's calculated by dividing the gross profit by total revenue.

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Gross Profit Margin (Accrual) 2.190,879 Start tracking this metric
  • About
  • Technical Details
What is "Gross Profit Margin (Accrual)"?
Gross Profit Margin (Accrual) is a financial metric that measures the profitability of a business by calculating the gross profit as a percentage of its revenue. It is calculated by deducting the cost of goods sold from the revenue and dividing the result by the revenue. This metric reflects the business's ability to generate profits on its products or services after considering both direct and indirect costs, such as production costs, labor, and administrative expenses. A high Gross Profit Margin indicates a healthy business with good pricing power and low costs, while a low Gross Profit Margin may indicate inefficiencies in the production or pricing process.
Example: A company uses Gross Profit Margin (Accrual) to determine the profitability of its products over time by comparing the revenue earned against the cost of goods sold.

Visualizations

  • Databox visualization

    Number

    Used to show a simple Metric or to draw attention to one key number.

How to track Gross Profit Margin (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 Margin (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 Margin (Accrual) on the Performance screen
  6. 6
    Get Gross Profit Margin (Accrual) performance daily with Scorecards or as a weekly digest
  7. 7
    Set Goals to track and improve performance of Gross Profit Margin (Accrual)
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Metric Digest

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General

  • Description
    Gross Profit Margin (Accrual) is a metric that shows the amount of revenue left over after deducting the direct cost of goods sold, and it's calculated by dividing the gross profit by total revenue.
  • Category
    Accounting
  • Subcategory
    Profit
  • Date Added
    2016-05-20

Specification

  • Metric Type
    general
  • Dimensional
    No
  • Decimal Digits
    Yes
  • Currency Units
    No
  • Granularities
    Daily, weekly, monthly, quarterly and yearly.
  • 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
    0.0%
  • Cumulative Graph
    No
  • Favorable Trend
    increasing
  • Media Creatives
    No
  • Forecasts
    Yes
  • Benchmarks
    Yes

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