A take rate is how much money a business makes from a transaction. Take rates help companies understand how well the business is doing. Typically, higher take rates indicate that a company is successful because it can generate more revenue. By keeping a close watch on their take rates, companies can make better business decisions […]
Working capital represents a company’s ability to pay its current liabilities with its current assets. This figure gives investors an indication of the company’s short-term financial health, capacity to clear its debts within a year, and operational efficiency. Working capital is the difference between a company’s current assets and current liabilities. The challenge here is determining the proper category for the vast array
General trade is the older of the two models, and was established before India opened its markets to organized retailing. Modern trade, on the other hand, is a purely urban phenomenon that grew in popularity between the 1990s and early 2000s, when many corporates and first-generation entrepreneurs entered the retail business. What is General Trade?
Revenue run rate, or sales run rate, is a financial metric that projects current revenue in a given period over a future period of time to give businesses a baseline understanding of future earnings. Companies can use weekly, monthly, or quarterly revenue data to extrapolate their annual income and inform strategic planning. Why you should
Turnaround time (TAT) is the time interval from the time of submission of a process to the time of the completion of the process. It can also be considered as the sum of the time periods spent waiting to get into memory or ready queue, execution on CPU and executing input/output. Turnaround time is an
Banks and Banking Institutions are critical to a country’s development. Banks are economic actors, and they, like other sectors, are subject to hazardous operations. A bank auditor examines the banking sector’s services during a Banking Audit. A Bank Auditor is defined as an accounting professional who evaluates the procedure. Audits of credit unions or banks
Time to market (TTM) is the total length of time it takes to bring a product from conception to market availability. Companies use time-to-market metrics during new product development (NPD) and new product introduction (NPI) as they strive to gain first-mover advantages (e.g., market share, sales revenue).Time to market (TTM) refers to the amount of
Boosting the visibility of your online store is crucial for enhancing sales and generating more income. Modern brands have realized that direct selling doesn’t always work with customers. They prefer to be informed and engaged regarding the products and services offered. Retailers need to merge their commerce with a content-based approach. By doing so, they
The Permanent Account Number or PAN is a 10-digit number issued to every individual residing in India. It is an important and mandatory document that a person should have. It helps a person to carry out important work like opening a bank account and tax filing, and it also works as an identity proof. However,
Customer Acquisition Cost, or CAC, measures how much an organization spends to acquire new customers. CAC – an important business metric – is the total cost of sales and marketing efforts, as well as property or equipment, needed to convince a customer to buy a product or service. Analyzing CAC in conjunction with Lifetime Value