On the surface, the cost of sales seems like an easy number to calculate – you simply add up the amount you paid to create the inventory you sold to customers over a given period. When you start digging into it, however, it can be hard to figure out what counts as a production ...
Learn what inventory costs retailers need to keep track of, how to calculate total inventory costs, and how to reduce them.
Learn how to calculate shipping costs for your online store in 2025 using carrier shipping calculators.
If you’re interested in finding out more about how to calculate the cost of goods sold, then get in touch with our financial experts. Find out how GoCardless can help you withad hoc paymentsorrecurring payments. Over 85,000 businesses use GoCardless to get paid on time. Learn more abo...
How to calculate LTV/CAC and why it’s useful In simple terms, LTV/CAC helps answer the question,will the customers we’re acquiring contribute more revenue than they cost? Really exciting things start to happen when you are able to segment your LTV and your CAC by the definitions most in...
Learn how to calculate Customer Lifetime Value and understand the definition of CLV to maximize your marketing efforts. Try Optimove’s CLV software.
Learn the key steps to building a sales plan that is adaptable while also empowering your reps to sell efficiently.
To get to gross margin, you must first calculate the gross profit. Gross profit equals revenue minus the cost of goods sold. This profit is also called sales profit and gross income. Once you know the total costs and the gross margin, you can then calculate the sales revenue you should ...
With an understanding of CLV, you can make better-informed marketing, sales, and other decisions. This guide goes deep into how to calculate CLV and how to improve it. What Is Customer Lifetime Value (CLV)? CLV is a measure of the total revenue and income a business can expect to bring...
Learning how to calculate sales tax is easy. It consists of converting the sales tax percentage to a decimal number, then multiplying the cost of the item by the decimal number to get the amount of sales tax you collect. Sometimes, a sales tax percentage is easy to calculate, such as a...