Inventory Planner’s Year on Year report is a very useful tool for users to evaluate the sales performance of their business each month at a certain year vs the prior year. It is a very straightforward report that allows a company to understand whether its financial performance is improving, static, or worsening compared to the previous year.
As in other reports, you can use the dropdown menus on the top left to view the YoY report by warehouse, and aggregation level such as categories, vendors, products, variants, etc.
Sales - The number of sales made during the year.
Revenue - The revenue received from the sales made during the year.
(Revenue = Gross revenue - Discounts – Returns)
Profit - The profit made from the sales made during the year.
(Profit = Revenue - COGS - Platform Fee)
Margin - The profit as a percentage of the revenue.
(Margin = profit / revenue)
ACP - Average cost price.
(ACP = COGS ÷ number of units sold)
ASP - Average sell price.
(ASP = Revenue ÷ number units sold)