Percent Closing Ratio

Measure how many sales proposals convert to completed sales.

Sales KPI Examples |  Percent Closing Ratio

Overview

The Percentage of Closing Ratio metric gives your sales team insight into how effective their efforts are in closing their sales. This metrics measures the number of closed sales in the last month compared to the number of proposals given.

Formula

(Number of deals closed/Number of sales proposals)x100

Reporting frequency

Monthly

Example of KPI target

76% closing ratio

Audience

Sales team

Variations

Number of Closing ratio

Sales Closing Ratio

Ratio of Sales Closed