KPI Library
Value of New Charges
Monetary value your company is receiving from the latest charges made to customers.
Monetary value that your company is receiving from the latest charges made to customers.
This KPI sums the monetary value of all the new charges your company has made since the last period. It’s usually calculated on a monthly basis, but you can always adapt the period depending on the number of charges you work with. Visualizing this KPI gives you a better overview of your financial situation at the moment, regarding new charges. It’s also a useful metric to keep an eye on, in order to base your strategic decisions on the accurate insight you get from this KPI.
KPI Example
What is the Value of New Charges?
The Value of New Charges sums the monetary value of all new charges your company has made in the last period. Usually calculated on a monthly basis, you can always adapt the period depending on the number of charges you work with.
This is a relevant metric for your finance team to monitor.
Why is the Value of New Charges important?
The Value of New Charges is important because when taken in context with other KPIs, it provides a good overview of your current financial situation, particularly regarding new charges. You can also base strategic business decisions on the accurate insight you obtain from this KPI.
To keep tabs on how your current charges value compares to previous periods, visualize it on a line or area chart.
Best practices for Value of New Charges
Other KPIs like Value of New Charges include: