4.6.0 / July 17, 2013
(4.7/5) (22)

Description

The GP Plus calculator is a quick calculator for buyers and sellersthat calculates GP's, Cost, Sell and Profit on a product by productbasis. In this regard the calculator can work on a product basisand the user is able to change 1 variable and note the commensuratechanges in all the other variables for that product. You cantherefore use it to calculate sell prices, cost prices, profitmargins in percentages or dollars, and you have 4 screens so youcan compare scenarios. You also have the ability to change GSTrates so it is equally useful no matter what GST rate may be ineffect. So the calculator can be used to answer for example: Whatmargin will I make at this sell price based on this cost? What costshould I negotiate if I need to sell at this price and make thisprofit margin? What sell price must I set to make this margin atthat cost? What is my GP% at these sell and cost prices? Whatmargin reduction will I have if I reduce my selling price by x%?What does this GP% translate to in Dollar terms? How much money doI make at that cost and sell? How does GST change sell prices? If Irounded up/down my sell prices what does that do to my profitmargins? Etc, etc, etc The calculator also has the ability tocalculate mixed or blended margin on a product or category basis.This function is usually useful when comparing different marginsfor different products or segments of products. It can be used tocheck a store wide margin by using individual department marginsand sales contributions, or you can use it to calculate rangemargins based on segment margin and sales mix. This function isuseful for analyzing target margins or sales share mix in a retailenvironment as well as to predict gross and net margins when mixingdifferent category share and margin numbers. In addition you have 4screens to compare scenarios. So the calculator can be used toanalyze and assist to find an answer for (example): What is mystore margin based on this mix of category sales and margincontributions? What margin should I make on this category given thesales mix in the store? What share of sales (internal market share)should I target to achieve this margin? Which category makes thegreatest/lowest relative contribution to margin (CTM) in my mix?Which category produces the highest CTM? Where do I make the mostactual money? Which category should I give more/less opportunityto? etc, etc The calculator also has a promotional mix calculatorwhich can be used to calculate the mixed margin a product orcategory will make based on its relative on/off promotion salesmix. In other words, it calculates the nett effect of price andmargin fluctuations for either a product, range or category.Changes to promotional mix of sales and margin will result in anew, mixed margin for the category. So the calculator can be usedto analyze and assist to find and answer for (example): If Iincrease/decrease my promotional frequency/mix at this margin%,what will the effect on my overall margin% be? If I increase mypromotional margin% and hold the sales mix the same, how will mymargin% change? If I decrease/increase my normal shelf price salesmix, what will the overall effect on my nett margin% be? What willa second tier promotional mix deliver at this new margin %? etc,etc

App Information GP Plus

  • App Name
    GP Plus
  • Package Name
    com.margincalculator
  • Updated
    July 17, 2013
  • File Size
    744k
  • Requires Android
    Android 2.1 and up
  • Version
    4.6.0
  • Developer
    ieRetail Ltd
  • Installs
    1,000+
  • Price
    Free
  • Category
    Business
  • Developer
  • Google Play Link

ieRetail Ltd Show More...

GP Plus 4.6.0 APK
ieRetail Ltd
The GP Plus calculator is a quick calculator for buyers and sellersthat calculates GP's, Cost, Sell and Profit on a product by productbasis. In this regard the calculator can work on a product basisand the user is able to change 1 variable and note the commensuratechanges in all the other variables for that product. You cantherefore use it to calculate sell prices, cost prices, profitmargins in percentages or dollars, and you have 4 screens so youcan compare scenarios. You also have the ability to change GSTrates so it is equally useful no matter what GST rate may be ineffect. So the calculator can be used to answer for example: Whatmargin will I make at this sell price based on this cost? What costshould I negotiate if I need to sell at this price and make thisprofit margin? What sell price must I set to make this margin atthat cost? What is my GP% at these sell and cost prices? Whatmargin reduction will I have if I reduce my selling price by x%?What does this GP% translate to in Dollar terms? How much money doI make at that cost and sell? How does GST change sell prices? If Irounded up/down my sell prices what does that do to my profitmargins? Etc, etc, etc The calculator also has the ability tocalculate mixed or blended margin on a product or category basis.This function is usually useful when comparing different marginsfor different products or segments of products. It can be used tocheck a store wide margin by using individual department marginsand sales contributions, or you can use it to calculate rangemargins based on segment margin and sales mix. This function isuseful for analyzing target margins or sales share mix in a retailenvironment as well as to predict gross and net margins when mixingdifferent category share and margin numbers. In addition you have 4screens to compare scenarios. So the calculator can be used toanalyze and assist to find an answer for (example): What is mystore margin based on this mix of category sales and margincontributions? What margin should I make on this category given thesales mix in the store? What share of sales (internal market share)should I target to achieve this margin? Which category makes thegreatest/lowest relative contribution to margin (CTM) in my mix?Which category produces the highest CTM? Where do I make the mostactual money? Which category should I give more/less opportunityto? etc, etc The calculator also has a promotional mix calculatorwhich can be used to calculate the mixed margin a product orcategory will make based on its relative on/off promotion salesmix. In other words, it calculates the nett effect of price andmargin fluctuations for either a product, range or category.Changes to promotional mix of sales and margin will result in anew, mixed margin for the category. So the calculator can be usedto analyze and assist to find and answer for (example): If Iincrease/decrease my promotional frequency/mix at this margin%,what will the effect on my overall margin% be? If I increase mypromotional margin% and hold the sales mix the same, how will mymargin% change? If I decrease/increase my normal shelf price salesmix, what will the overall effect on my nett margin% be? What willa second tier promotional mix deliver at this new margin %? etc,etc
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