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Oils & Lubricants Gross Profit

Department:

Parts Department

Oils & Lubricants Gross Profit

$

Calculation

Total revenue from oils and lubricants sales minus the cost of goods sold.

DESCRIPTION

The total profit made from the sale of oils and lubricants.

Purpose

To measure the profitability of the oils and lubricants segment.

Interpretation

Did you get it right

Optimal:
High gross profit indicates effective pricing and cost control.
Alert:
Excessively high profit may suggest a pricing strategy review.
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06/15/2024 05:05:26 am