The benchmark formula

The basic formula is (benchmark figure / turnover) x 100 = benchmark ratio percentage.

Not all the benchmark ratios apply to every business. Check the benchmark specific to your business for the benchmark ratio you will need to calculate.

Next step:

Cost of sales to turnover ratio

To calculate cost of sales to turnover ratio, divide cost of sales by turnover and multiply by 100.

(Cost of sales / turnover) x 100 = cost of sales/turnover ratio



Sample figures

Cost of sales
Cost of sales / turnover ratio



See also:

Last modified: 24 Feb 2016QC 47937