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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.
With Databox you can track all your metrics from various data sources in one place.
- 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
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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:
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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 Margin (Accrual) on the Performance screen
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6Get Gross Profit Margin (Accrual) performance daily with Scorecards or as a weekly digest
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7Set Goals to track and improve performance of Gross Profit Margin (Accrual)
GoalsSet Goals to track and improve your performance
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Metric DigestReceive detailed weekly performance updates
Metric BuilderBuilt your own custom metrics with Metric Builder
Data CalculationsSet Goals to track and improve your performance
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General
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DescriptionGross 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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CategoryAccounting
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SubcategoryProfit
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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 and yearly.
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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 Format0.0%
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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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