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Xero
Sales
Sales metric in Xero is a measure of revenue generated from the sales of goods or services. It helps businesses track their sales performance and make informed decisions to grow their revenue.
With Databox you can track all your metrics from various data sources in one place.
- About
- Technical Details
What is "Sales"?
The sales metric is a key performance indicator that measures the revenue generated from the sale of goods or services over a specific period of time. It can provide insights into the effectiveness of sales strategies, customer demand, and overall business performance. It is often tracked in conjunction with other metrics such as cost of goods sold, gross profit margin, and customer acquisition cost to gain a comprehensive view of sales performance.
Example: Sales metric can be used to track the revenue generated by an eCommerce store in the last quarter.
Visualizations
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Number
Used to show a simple Metric or to draw attention to one key number.
How to track Sales 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 Sales using Databox, follow these steps:
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1Connect Xero 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 Sales on the Performance screen
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6Get Sales performance daily with Scorecards or as a weekly digest
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7Set Goals to track and improve performance of Sales
GoalsSet Goals to track and improve your performance
ScorecardsGet your daily progress every morning with Scorecards
Metric DigestReceive detailed weekly performance updates
Metric BuilderBuilt your own custom metrics with Metric Builder
Data CalculationsSet Goals to track and improve your performance
Performance ScreenGet instant insights into your top-performing metrics
General
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DescriptionSales metric in Xero is a measure of revenue generated from the sales of goods or services. It helps businesses track their sales performance and make informed decisions to grow their revenue.
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CategoryAccounting
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SubcategorySales
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Date Added2017-03-09
Specification
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Metric Typegeneral
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DimensionalNo
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Decimal DigitsYes
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Currency UnitsYes
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GranularitiesMonthly, quarterly and yearly.
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Custom Relative PeriodsYes
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Data AvailabilityAt sync, it ranges from 3 years ago to now.
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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 FormatPrefixCurrency
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Cumulative GraphYes
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Favorable Trendincreasing
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Media CreativesNo
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ForecastsYes
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BenchmarksYes
Related Metrics
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Gross Profit
Gross Profit is a financial metric that shows the profit earned by a business after deducting the cost of goods sold from its revenue. It represents the amount of money left after accounting for the direct expenses associated with producing and selling a particular product or service.
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Total Cost of Sales (Budget) by Type
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.
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Cash
The Current Cash and Cash Equivalents by Asset metric is a financial measure that shows the amount of liquid assets available to a company to pay its debts and obligations in the short term.
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Total Liabilities
Total Liabilities is a financial metric that shows the total amount of obligations owed by a business to creditors and other parties, including loans, accounts payable, and accrued expenses.
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Other Income
Other Income is a revenue source recorded in Xero that is not derived from a business's primary activity or core operations. It includes proceeds from one-time events, investments, or sale of assets.
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Average Creditors Days
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.
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Short Term Cash Forecast
Short-term cash forecast predicts a company's cash inflows and outflows over a short period, usually a month or a quarter, to ensure they have enough liquidity.
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Quotes Declined
The Quotes Declined metric measures the number or percentage of quotes that were rejected or turned down by potential customers.
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