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Tires & Storage Gross Margin %

Department:

Parts Department

Tires & Storage Gross Margin %

%

Calculation

(Gross profit from tire and storage services / Total sales of these services) * 100.

DESCRIPTION

The gross margin percentage for sales of tires and storage services.

Purpose

To assess the profitability margin of tire and storage service sales.

Interpretation

Did you get it right

Optimal:
A higher percentage indicates strong profitability in these service areas.
Alert:
An excessively high margin may suggest pricing issues or lack of competitive pricing.
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06/15/2024 03:34:23 am