Average order value

AOV=fracROAOV=\\frac{R}{O}

What it does

Calculates average order value from the supplied values.

When to use it

Use this business formula when the named quantities are known.

Variables

Worked example

{
  "inputs": {
    "orders": 80,
    "revenue": 2400
  },
  "result": 30
}

Common mistakes

Check units, signs, brackets and that every value is entered in the stated units.