.png)
.png)
Total Quantity on Hand
Definition: This is the **current** number of units the retailer has on hand. Note: If you select historic time frames this will still be the amount currently on hand. Equation: quantity on hand Example: This is a number shown on most of our details pages in retailer. It gives the retailers a 'pulse' check on their…
Total Units or Quantity
Definition: Amount of units sold Note: This will include units returned, but does not include voided units (this nets units sold with units returned) Equation: sum of units Example: This measure can be shown in a variety of ways! It can be shown as the total amount from the last 30 days or a trend line that shows u…
Total Revenue or Total Gross Margin
Definition: The monetary value of what a retailer made before taking out cost of goods Note: Discounts are subtracted out in this number, which can also be known as Net Revenue. Also includes returns in this number, does not include voided purchases Equation: sum(base price of unit - potential discount on the unit) …
Total Gross Margin Percent
Definition: Percent of profit from revenue sales. Note: Only calculated for products that have a cost associated with it. Equation: Total Profit/Total Revenue or Total Gross Margin/Total Revenue Example: Retailers can use Gross Margin Percent to better understand the relationship between profit and revenue while al…
Total Profit
Definition: The monetary value of what a retailer made after cost of goods and discounts Note: Only calculated if the product has a cost associated with it Equation: sum(base price of unit - cost of unit - discount of unit) or sum(revenue - cost) Example: Profit is what you are putting into the bank since it is AFT…
