GPM Abbreviation
Looking for GPM abbreviation? We have got you covered in this guide. We have listed down different possible abbreviations of GPM in various groups like Accounts and Finance, Academic & Science, Society & Culture, Technology, Business, and Medical.
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Popular abbreviations of GPM:
Searching for GPM abbreviation / GPM full form leads to different results in different categories. The below table illustrates the popular acronyms among them.
| Term | Abbreviation | category |
|---|---|---|
| GPM | Gross Profit Margin | Accounts and Finance |
| GPM | Government Polytechnic, Mumbai | Universities & Institutions |
| GPM | Good Manufacturing Practices | Food & Drink |
| GPM | Gallons Per Minute | Units |
| GPM | Global Precipitation Measurement | Instruments & Devices |
| GPM | Graduated Payment Mortgage | Banking |
| GPM | Guttural Pouch Mycosis | Diseases & Conditions |
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What does GPM mean?
GPM is the acronym for Gross Profit Margin. It is one of the main three profitability ratios that are calculated to assess the financial health of a business. It is roughly the measurement of the residue of revenue after paying for the direct cost of Goods.
How to Calculate GPM?
The Gross Profit Margin is calculated by subtracting the COGS (Cost of Goods Sold) or Direct Expenses of sold goods from the Net Revenue (i.e. Gross revenue after returns, discounts, allowances, etc.) divided by the Net Revenue followed by multiplication by 100%
GPM = {(Net Revenue – COGS)/Net Revenue}*100%
Let’s take an example of the method. Suppose a farm’s ledger looks like the following-
- Raw Material = 30/-
- Labour Cost= 10/-
- Other Production Cost =5/-
- Gross Revenue = 125/-
- Discount, allowance, and others = 25/-
So, the Net Revenue = (Gross Revenue – Discount, allowance, and others) = 125 -25= 100
And, the COGS= (Material + Labour + other production cost) = 30+10+5= 45
Hence, GPM = {(100-45)/100}*100% = 55%
Good Gross Profit Margin Range
A business can never be sustainable without a healthy range of Gross Profit margins. But, GPM varies depending on the nature of the farm. In General 50%-70% GPM is considered financially healthy for business but exception prevails, such as-
For Law firms, IT businesses, and banks GPM can be over 90%
For MSMEs like the clothing industry GPM can be between a range of 5% -15%
Whereas, some fast-food firms can attain up to 45% GPM
Methods for Improvement
As per the formula, the only way to rejuvenate GPM is to increase the difference between Net Revenue and COGS. This can be achieved by increasing price in relevance to quality and efficiency.
Uses of GPM
- To assess the financial health of a business.
- To track the benchmark of GPM for a certain industry.
- To have a rough idea about the efficiency of the output.
- To measure the sustainability of a business.
All Abbreviations of GPM in 17 categories:
If you are looking for GPM meaning in a specific category, check out the detailed sections below. We have segregated the acronyms based on their category and grouped them in each section.
GPM abbreviation in Accounts and Finance:
What does GPM mean in Accounts and Finance category? We have listed down 1 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| GPM | Gross Profit Margin |
GPM abbreviation in Academic & Science:
What does GPM mean in Academic & Science category? We have listed down 6 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| GPM | Government Polytechnic, Mumbai |
| GPM | Gallons Per Minute |
| GPM | Gallons Per Mcf |
| GPM | Global Precipitation Mission |
| GPM | Global Precipitation Monitoring |
| GPM | Gauss Pseudospectral Method |
GPM abbreviation in Society & Culture:
What does GPM mean in Society & Culture category? We have listed down 2 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| GPM | Good Manufacturing Practices |
| GPM | Gereja Protestan Maluku |
GPM abbreviation in Technology:
What does GPM mean in Technology category? We have listed down 2 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| GPM | Global Precipitation Measurement |
| GPM | General Purpose Macrogenerator |
GPM abbreviation in Business:
What does GPM mean in Business category? We have listed down 8 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| GPM | Graduated Payment Mortgage |
| GPM | Gross Processing Margin |
| GPM | Government Performance Management |
| GPM | Gun Powder Ma |
| GPM | Gallons Per Minute; Global Pallet Manager |
| GPM | Generic Product Model |
| GPM | Getty Petroleum Marketing, Inc. |
| GPM | Golden Prospect Precious Metals, Ltd. Ordinary Shares |
GPM abbreviation in Medical:
What does GPM mean in Medical category? We have listed down 5 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| GPM | Guttural Pouch Mycosis |
| GPM | Genomic And Precision Medicine |
| GPM | Geriatric Practice Management |
| GPM | Good Psychiatric Management |
| GPM | General Practice Models |
GPM abbreviation in Associations & Organizations:
What does GPM mean in Associations & Organizations category? We have listed down 4 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| GPM | Global Peace Mission |
| GPM | Green Pune Movement |
| GPM | Global Parliament Of Mayors |
| GPM | Grameen Panchayat Morcha |
GPM abbreviation in Trees & Plants:
What does GPM mean in Trees & Plants category? We have listed down 1 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| GPM | Green Pest Management |
GPM abbreviation in Transport & Travel:
What does GPM mean in Transport & Travel category? We have listed down 1 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| GPM | Grup Air Med |
GPM abbreviation in Earth Science:
What does GPM mean in Earth Science category? We have listed down 1 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| GPM | Geopotential Meter |
GPM abbreviation in Computing:
What does GPM mean in Computing category? We have listed down 3 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| GPM | Graphical Path Method |
| GPM | General Purpose Modeling |
| GPM | Gestalt Photo Mapper |
GPM abbreviation in Computer Hardware:
What does GPM mean in Computer Hardware category? We have listed down 2 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| GPM | General Purpose Mouse |
| GPM | Global Power Monitor |
GPM abbreviation in Governmental:
What does GPM mean in Governmental category? We have listed down 1 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| GPM | Global Priority Mail |
GPM abbreviation in Military and Defence:
What does GPM mean in Military and Defence category? We have listed down 2 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| GPM | Global Pallet Manager |
| GPM | Ground Precautionary Message |
GPM abbreviation in Job Title:
What does GPM mean in Job Title category? We have listed down 1 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| GPM | General Program Manager |
GPM abbreviation in Space Science:
What does GPM mean in Space Science category? We have listed down 1 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| GPM | Generic Payload Module |
GPM abbreviation in Computer and Networking:
What does GPM mean in Computer and Networking category? We have listed down 1 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| GPM | General Page Message |
Frequently Asked Questions (FAQ)
Q. What is the abbreviation of GPM in Accounts and Finance?
The full form of GPM is Gross Profit Margin in Accounts and Finance category.
Q. What does GPM stands for in Academic & Science?
Government Polytechnic, Mumbai | Gallons Per Minute | Gallons Per Mcf | Global Precipitation Mission | Global Precipitation Monitoring | Gauss Pseudospectral Method
Q. What is the GPM meaning in Society & Culture?
Good Manufacturing Practices | Gereja Protestan Maluku
Q. What is the abbreviation of GPM in Technology?
Global Precipitation Measurement | General Purpose Macrogenerator
Q. What is the abbreviation of GPM in Business?
Graduated Payment Mortgage | Gross Processing Margin | Government Performance Management | Gun Powder Ma | Gallons Per Minute; Global Pallet Manager | Generic Product Model | Getty Petroleum Marketing, Inc. | Golden Prospect Precious Metals, Ltd. Ordinary Shares