Retail KPI's
Master Retail KPIs Quiz
Test your knowledge of key retail performance indicators (KPIs) with our engaging quiz! Improve your understanding of essential concepts and formulas that drive retail success.
Whether you're a novice or an expert, this quiz will help you solidify your grasp on:
- ABS (Absolute Sales)
- ABV (Average Bill Value)
- Conversion Rates
- Days of Cover and more!
What’s formula for ABS?
Quantity/Bills
Bill/Sale
Walkin/sale
Walkin/bills
What’s formula for ABV?
Quantity/Bills
Bill/Sale
Sale/bill
Walkin/bills
What’s formula for Conversion?
Quantity/Bills*100
Bill/Sale*100
Sale/bill*100
Bills/walkin*100
What’s formula for L2L?
[(Last Year-Last Year)/This Year]*100
[(This Year-Last Year)/Last Year]*100
This Year-Last Year
Last Year/This Year
What’s formula for SSPD?
(Avg Sale per day/ Bills)
(Avg Sale per day/ qty)
(Avg Sale per day/ sale)
(Avg Sale per day/ Area)
What’s formula for Stock to sale ratio?
Current stock available/ Bills
Current stock available/ Quantity Sold
Current Sale/ Quantity Sold
Current stock available/ sale
Closing inventory - 900 pieces Average Sale per month – 150 Average sale for 3 months - 150 900 / 150 = 6.0 months Calculate days of cover?
120 Days
140 Days
180 Days
160 Days
Closing inventory - 1500 pieces Average sale for 3 months - 900 1500/ 900 = 1.6 months Calculate days of cover?
56 Days
48 Days
30 Days
60 Days
Calculate conversion? Walk-in = 2500 Bills = 900 Quantity = 3100
28%
36%
22%
38%
Calculate ABS? Quantity = 600 Bills = 200 Sale = 150000
6
3
2
5
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