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.
With Databox you can track all your metrics from various data sources in one place.
Used to show comparisons between values.
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 Operating Expenses by Subtype using Databox, follow these steps:
Gross Profit (Budget) is a financial metric that tracks the amount of revenue a company generates after deducting the cost of goods sold. It helps businesses assess their profitability by comparing the budgeted gross profit to actual results.
This metric displays the predicted total cost of sales for different categories in a budget, providing insight into the expected expenses for goods sold over a specified period.
Direct Costs metric refers to the expenses incurred specifically for the production of goods or services. These costs are directly tied to the production process and can include raw materials, labor costs, and other expenses directly related to production. #Xero #DirectCosts
Average Debtors Days is a financial metric that measures how quickly a company can collect its accounts receivable. It is calculated by dividing the total amount of accounts receivable by the average daily sales, and the result represents the number of days it takes for a company to collect its outstanding debts.
The Quotes Accepted metric in Xero measures the total value of quotes that have been accepted by customers, indicating a successful conversion of sales.
The Quotes Invoiced Value metric measures the total amount of invoiced revenue generated from quotes created in Xero.
Current assets are the assets that a business owns and expects to use or turn into cash within a year while fixed assets are resources for long term use.
Current liabilities are the debts a business owes and must pay within 12 months.