The current ratio KPI is a KPI that measures financial performance

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jannatisubah
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Joined: Sat Dec 21, 2024 6:07 am

The current ratio KPI is a KPI that measures financial performance

Post by jannatisubah »

KPI Gross Profit Margin is a KPI that measures gross profit divided by revenue as a percentage. Net Profit Margin KPI is a KPI that measures net profit divided by revenue as a percentage. in terms of liquidity by dividing current assets by current liabilities. Non-financial KPIs In addition to financial KPIs, there are also so-called non-financial KPIs, i.


e. KPIs that do not directly affect the company's finances. Some bahrain whatsapp resource examples of non-financial KPIs include: Labor turnover (Labor Turnover) Customer Satisfaction Metric (Customer Satisfaction Metric) Return to New Customer Ratio (Return to New Customer Ratio) Market Share (Market Share) Factors to note when creating KPIs A KPI or key performance indicator is of no use if there is no follow-up on the KPIs that have been created.


In this process, the company is able to create KPIs that are appropriate for the company. However, in general, KPIs must be created based on several points that are often applied in various industries, which are SMART (specific, measurable, achievable, relevant, and time-bound). These points are important in determining specific goals and are explained in more depth below: Specific. The company must have clear corporate goals that are easily understood by other members.
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