Cost of Sales is a financial metric that calculates the sum of all costs incurred in the production or sale of goods or services. This metric helps businesses understand their overall expenses and monitor changes in their cost structure over time. By tracking this metric, businesses can identify areas where costs can be reduced or optimized, and make informed decisions about their pricing, production, and sales strategies.
With Databox you can track all your metrics from various data sources in one place.
Used to show a simple Metric or to draw attention to one key number.
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 Cost of Sales using Databox, follow these steps:
Operating Expenses by Subtype is a financial metric that categorizes operating expenses by subtype, allowing businesses to track and analyze their expenses by type. This metric helps businesses identify areas where costs can be reduced or optimized, and can be used to create budgets and forecasts.
Total Operating Expenses (Budget) is a financial metric that represents the total estimated amount of money a company plans to spend on its operating expenses over a given period, with the purpose of controlling and predicting costs in the short and long term.
The Non-current Liabilities by Liability metric is a ratio that compares a company's short-term assets that aren't liabilities to its short-term liabilities.
The Awaiting Payments Amount metric in Xero shows the total amount of outstanding invoices that have not yet been paid by customers. It helps businesses keep track of how much revenue is yet to be received, and which customers need to be chased for payment.
The Overdue Payments metric in Xero tracks the total amount of unpaid invoices that are past their due date, giving businesses insight into their outstanding receivables.
Net Cash Flow is a financial metric that measures whether a business has more cash inflows than outflows (surplus) or more outflows than inflows (deficit) in a given period.
The Average Creditors Days metric is a measure of how long it takes a business to pay its suppliers. It is calculated by dividing accounts payables by the average daily cost of goods sold and is a key indicator of a company's cash flow management and supplier relationships.
Accounts Payable Turnover is a metric that measures how quickly a company pays its suppliers. It's calculated by dividing the cost of sales by the average accounts payable.