Gross profit for 2023 increased by RUB 3,400 million compared to 2022 (RUB 23,700 - RUB 20,300). The increase in revenue resulted in an increase in gross profit by RUB 1,500 million, and a decrease in cost price by RUB 1,900 million.
Sales profit was analyzed using a three-factor model - the growth in sales profit from the total influence of factors is equal to 3,500 million rubles (3,400 - 100 + 200), the growth in gross profit had the mexico number for whatsapp greatest impact on the increase in the financial result from sales.
Selling and administrative expenses had little impact on overall sales profit growth, so it is the fluctuations in gross profit that need to be carefully analyzed.
Example of factor analysis of profit
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Factor analysis of net profit (NP) is carried out in the same way.
In addition to the indicators given in the formula for determining profit from the sale of products, other income and expenses are added:
PE = Pr + PD - PR - NP
Where:
PD - other income;
PR - other expenses;
NP - income tax.
Factor analysis of profit online can be carried out in special applications. For example, companies that create management accounting programs provide trial access on their websites to carry out factor analysis of profit and revenue.
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Frequently Asked Questions About Profit Factor Analysis
Factor analysis of the organization's profit makes it possible to understand under what influence the financial result deviates from the plan or from the indicators of previous periods. Based on the results of the analysis, the manager can make reasoned decisions on rationalization of income and expenses, leading to further increase in the efficiency of the enterprise.
How to get more reliable results?
More accurate analysis results can be obtained if sales volume is taken into account in physical units (tons, meters, pieces, etc.). In reports, sales volume is indicated in monetary terms.
What are the practical benefits of factor analysis?
Conducting a factor analysis of profit allows you to determine the volume of sales, the selling price or the cost price of the product, which will cause an increase in the company's profit. Factor analysis of the assortment allows you to identify the product that sells best, as well as the product with the lowest demand.
Where can factor analysis be performed?
It is very difficult to perform such analysis manually, it is better to do it using special programs. The simplest of them is Microsoft Excel. It has tools for such analysis.