ADJUSTED GROSS MARGIN
The calculation employed to arrive with the profitability of a company, product line or product. The adjusted gross margin accounts for the expense of carrying inventory, which is not putted into consideration in the gross margin calculation. Therefore, the adjusted gross margin provides a more accurate view at a product's profitability than the gross margin. The formula:
n Period Gross Profit Dollars – n Period Carrying Cost Dollars n Period Sales Dollars
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 15:30 | Durable Goods Orders | Nov | |
| 16:00 | NBB Business Climate | Jan | |
| 01:50 | Corporate Service Price Index | Dec | |
| 02:01 | BRC Shop Price Index | Jan | |
| 02:30 | NAB Business Confidence | Dec | |
| 04:00 | Credit Card Spending | Dec |
