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Gross Margin
Gross margin is a profitability ratio that shows how much of each dollar of sales is left after covering the cost of goods sold. It’s calculated as (Gross Profit ÷ Revenue) × 100. A higher margin indicates better efficiency in managing production or purchasing costs.
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Gross Book Value
The original cost of a fixed asset before any depreciation is deducted. It reflects the purchase price and installation costs.…
Goods in Transit
Inventory that has been shipped by the seller but not yet received by the buyer. Depending on shipping terms (FOB…
Gross Sales
Gross sale is the total unadjusted sales revenue a business earns before returns, discounts, or allowances. It gives a top-line…
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