• 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