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Xero Cost of Sales

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.

Cost of Sales 2.190,879 Start tracking this metric
  • About
  • Technical Details
What is "Cost of Sales"?
The Cost of Sales metric provides a comprehensive view of all expenses incurred in the production or sale of goods or services. This metric is particularly useful for tracking changes in cost structure over time, identifying areas where costs can be reduced or optimized, and evaluating the profitability of different products or services. By monitoring this metric, businesses can make informed decisions about their pricing, production, and sales strategies.
Example: A manufacturing company can use the Cost of Sales metric to track the total cost of producing and selling their products, including raw materials, labor, and overhead expenses.

Visualizations

  • Databox visualization

    Number

    Used to show a simple Metric or to draw attention to one key number.

How to track Cost of 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 Cost of Sales using Databox, follow these steps:

  1. 1
    Connect Xero that contains the metric you want to track
  2. 2
    Select the metric you want to track from the list of available metrics
  3. 3
    Drag and drop the selected metric onto your dashboard
  4. 4
    Watch your dashboard populate in seconds
  5. 5
    Put Cost of Sales on the Performance screen
  6. 6
    Get Cost of Sales performance daily with Scorecards or as a weekly digest
  7. 7
    Set Goals to track and improve performance of Cost of Sales
Goals

Set Goals to track and improve your performance
Scorecards

Get your daily progress every morning with Scorecards
Metric Digest

Receive detailed weekly performance updates
Metric Builder

Built your own custom metrics with Metric Builder
Data Calculations

Set Goals to track and improve your performance
Performance Screen

Get instant insights into your top-performing metrics
Xero integration with Databox Track Cost of Sales from Xero in Databox GET STARTED

General

  • Description
    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.
  • Category
    Accounting
  • Subcategory
    Cost of Sales
  • Date Added
    2017-03-09

Specification

  • Metric Type
    general
  • Dimensional
    No
  • Decimal Digits
    Yes
  • Currency Units
    Yes
  • Granularities
    Monthly, quarterly and yearly.
  • Custom Relative Periods
    Yes
  • Data Availability
    At sync, it ranges from 3 years ago to now.
  • Retroactive Data Updates
    Existing data is purged in favor of the most recent synced data.
  • Future Data Available
    No

Visualization

  • Cumulative Graph
    Yes
  • Favorable Trend
    decreasing
  • Media Creatives
    No
  • Forecasts
    Yes
  • Benchmarks
    Yes

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