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Percent Days In Stock
Definition: This is the % of days the product was in stock in the time period chosen. Note: If you aggregate products this becomes the % of days at least 1 product in the category/brand was in stock Equation: unique in stock days/day count Example: % Days in stock can be looked upon if sales for a product we…
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 w…
Suggested Order for X% Increase/Decrease in Sales
Definition: The amount you should order based on past sales performance increasing or decreasing by X% Note: eliminates negative values. A lot of filters go into the equation to make up the value, will be the same value of Minimum Suggested Order if there is no increase in sales Equation: (In Stock Average Unit…
