Product Profit by Argo Apps
We have also found issues with iPhones and iPads exporting the csv file.
We are working on these issues and hope to have them solved soon.
Data for analysis is calculated from your first order starting from up until the last current order on record. You can buy back-dated data by the month in "Settings".
Expense (Custom Costs) will be distributed equally per day depending on the frequency set and the start and end date. For example if "Monthly" costs are selected at £1,000, £1,000 will be divided by the number of days in the month and spread across the dates range. For example, in a month with 30 days daily expense will be shown as £33.3 per day.
All price data is converted to your default currency using the stores currency exchange rate. This is done automatically in order to provide a unified total profit across all regions and currencies. We are planning to add a selection button to manually select specific currencies as well.
Net profit is the gross profit (revenue minus COGS) minus operating expenses and all other expenses, such as taxes and interest paid on debt.
Net sales (or net revenue) is the sum of a company's gross sales minus its returns, allowances, and discounts.
Cost of Goods Sold (COGS) is the direct cost of producing the goods sold.
Return of Investment (ROI) is expressed as a percentage, and is calculated by dividing the return of an investment (in this case the net profit) by the cost of the investment (Cost of Goods Sold (COGS) as well as other general costs related to the sale of the goods).
If the Return of Investment is net positive, it is probably worthwhile, but negative ROIs imply a net loss. The range of ROIs between products can help you eliminate or select the best options.
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