Shopify Analytics Metrics Reference

Works with Analytics Spreadsheet Updated October 8, 2026
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This reference explains the Shopify analytics metrics available in Mixtable. Metric availability depends on the worksheet target and report type. Products, variants, customers, collections, B2B companies, orders, and store-level reports do not all offer the same calculations.

When you add an analytics column, the Sales & analytics section of the field picker lists the metrics supported for that worksheet. The Pivot Table worksheet and Time Series worksheet builders show a focused subset designed for those report layouts, and each report row can only calculate some of them (see what a report row can show).

A few metric names vary slightly by worksheet. The tables below use the names shown on Products worksheets and store-level reports. Customer, Company, and Company Location worksheets say Order Count, Total Refunded Excluding Tax, and Total Refunded Including Tax. Customers worksheets also say Average Ordered Quantity Net and Average Ordered Quantity Gross, while Company and Company Location worksheets say Average Order Quantity (Net) and Average Order Quantity (Gross).

The Which metric? list of a Mixtable analytics column, with Shopify metrics such as Net Sales and Gross Sales

Shopify sales metrics

MetricWhat it measuresUseful comparison
Net SalesMerchandise sales after discounts and returns, excluding taxGross Sales, discounts, and refunds
Gross SalesOriginal merchandise value before discounts and returnsNet Sales
Total SalesThe broader order total, including applicable order charges and adjustmentsNet Sales and the charge metrics
Orders CountDistinct Shopify orders associated with the rowAverage Order Value and quantities
Average Order ValueSales value divided by the relevant order countOrders Count and Net Sales

Net Sales is the best general ranking metric when you want merchandise revenue after discounts and returns. Total Sales is better when the wider amount paid on the order matters. See:

Quantity metrics

MetricWhat it measures
Gross Quantity SoldUnits originally sold before returned or refunded quantities reduce the result
Net Quantity SoldUnits remaining after the quantity reductions included in the metric
Refunded QuantityUnits associated with Shopify refund activity
Average Order Quantity GrossAverage gross units per relevant order
Average Order Quantity NetAverage net units per relevant order

Quantity metrics answer a different question from Orders Count. One Shopify order can contain several units and several products. See Shopify Refunded Quantity analytics.

Refund metrics

MetricWhat it measures
Total Refund Amount Excluding TaxMoney refunded without the refunded tax component
Total Refund Amount Including TaxRefunded value including tax, where the target supports this metric
Refund CountDistinct orders with refund activity associated with the row
Percent of Orders RefundedRefunded-order count divided by the relevant order count

Refund Count is not the number of refund transactions, returned units, or return requests. Shopify returns and refunds represent different parts of the post-purchase workflow.

See:

Discount metrics

MetricWhat it measuresMain availability
Total Discount AmountDiscount value allocated to the relevant Shopify salesProducts, variants, collections, customers, B2B targets, and store reporting where supported
Discount Code Order CountDistinct orders associated with discount-code allocationsProduct and product-variant analytics
Allocated Discount AmountDiscount value allocated to the relevant product or variantProduct and product-variant analytics

Use the parent Shopify discount campaign filter when you need Gross Sales, Net Sales, Orders Count, quantities, or refunds for one promotion. See Shopify discount analytics.

Tax, shipping, duties, and fee metrics

MetricWhat it measures
Total Tax AmountShopify tax amount associated with the relevant orders
Total Shipping AmountShipping amount associated with the relevant orders
Total DutiesDuties associated with the relevant orders
Total Additional FeesAdditional order fees associated with the relevant orders

These values help explain the difference between merchandise-focused sales metrics and broader order totals. See Shopify tax, shipping, duties, and fee analytics.

Profitability metrics

MetricWhat it measures
Orders Net ProfitNet line-item value minus current variant cost, multiplied by current quantity
Gross ProfitSupported sold value minus the current cost assigned to the relevant variant quantities
% Gross MarginGross Profit expressed as a share of the supported sales basis
Amount of Cost of Goods SoldCurrent variant cost multiplied by the relevant sold quantity

Profitability metrics depend on Shopify Cost per item. Shopify does not provide the historical cost per item from the moment an order was placed, so Mixtable uses the current variant cost. Variants without a cost cannot contribute normally to these calculations. Because they are worked out variant by variant, these metrics are available on Product Variant worksheets and, in reports, on custom rows that analyze Product Variants.

See Shopify profit, Gross Margin, and Cost of Goods Sold analytics.

Customer purchase metrics

MetricWhat it measures
Customer Lifetime ValueNet Sales excluding tax minus the estimated cost of the goods the customer bought, so it measures the profit that customer has produced
Average Orders CountDistinct orders divided by distinct customers in the calculation
Product Categories BoughtDistinct Shopify standardized product categories purchased by the customer
Product Types BoughtDistinct custom Shopify product types purchased by the customer
Segments Customer Is InShopify customer segments associated with the customer

Customer Lifetime Value follows the timeframe set on the column, so choose All time when you want a full lifetime figure. Because it subtracts cost, it depends on Cost per item for every variant the customer bought. If any purchased variant is missing a cost, the result shows N/A instead of a partial number. To rank customers by revenue rather than profit, use Total Sales or Net Sales.

See Shopify Customer Analytics.

Customer Journey attribution metrics

MetricWhat it measures
Orders With AttributionRelevant Shopify orders that contain Customer Journey attribution data
Orders Without AttributionRelevant Shopify orders without Customer Journey attribution data
Attribution Coverage RateShare of relevant orders that contain attribution data
Average Days To ConversionAverage time from the tracked customer journey to conversion
Median Days To ConversionMiddle conversion-time value, which reduces the influence of unusually long journeys

Attribution metrics describe the Shopify journey data available on orders. Missing attribution does not prove that no marketing influenced the order.

See Shopify Customer Journey and marketing attribution analytics.

Fulfillment metrics

MetricWhat it measures
Fulfillment CountFulfillment records associated with the row
Fulfilled QuantityQuantity included in the relevant fulfillments
Average Hours To First FulfillmentAverage time from the order to its first fulfillment
Average Hours To DeliveryAverage time from the order to recorded delivery

Fulfillment filters can narrow results by fulfillment status, service, location, and tracking company. See Shopify fulfillment and delivery analytics.

Return request metrics

MetricWhat it measures
Return Request CountShopify return requests associated with the row
Return Request RateReturn requests relative to the metric’s eligible order activity
Return QuantityQuantity on returned line items
Return Reason CountReturned-line-item reason occurrences associated with the row
Open Return CountReturn requests that remain open
Average Hours To Close A ReturnAverage time between return creation and closing

Return metrics can be filtered by return status and return reason. See Shopify return request analytics.

Inventory metrics

Inventory metrics come from your store’s stock history rather than from orders. In the field picker, they sit in the Inventory history group at the end of Sales & analytics. In the Which metric? list, they sit at the end under an Inventory heading.

MetricWhat it measures
Opening StockUnits in stock at the start of the chosen day
Closing StockUnits in stock at the end of the chosen day
Stock ChangeClosing stock minus opening stock over the period
Average Daily StockAverage number of units in stock per day over the period
Closing Value at CostUnits in stock at the end of the chosen day, valued at their cost per item. Units without a cost are left out
Closing Value at RetailUnits in stock at the end of the chosen day, valued at their selling price
Units Without CostUnits in stock at the end of the chosen day that have no cost per item, which Closing Value at Cost leaves out
Days In StockDays in the period when the variant had stock
Days Out of StockDays in the period when the variant had none
In-Stock RateShare of the period’s days with stock, across the item’s variants
Out-of-Stock VariantsVariants with no stock at the end of the chosen day
Last In-Stock DateThe last day the item had stock, up to the chosen day, or “In stock” if it still has stock
Days of Stock LeftHow many days the stock left at the end of the period would last, at the pace the variant sold on its in-stock days
Estimated Lost SalesNet sales the item likely missed while out of stock, based on what it sold per day while in stock
Sell-Through RateUnits sold, as a share of units sold plus the stock left at the end of the period
Inventory TurnoverUnits sold divided by the average daily stock over the period
Dead Stock UnitsUnits left at the end of the period on variants that sold nothing during it
Dead Stock Value at CostThe cost value of those dead stock units

Inventory metrics differ from the order-based metrics in a few ways:

  • Where they appear: Product Variant worksheets, which Mixtable calls Products (with variants), offer 17, every one except Out-of-Stock Variants. Product worksheets, called Products (no variants), offer 15, without Days In Stock, Days Out of Stock, and Days of Stock Left. Collection worksheets offer 14, also without Last In-Stock Date. Pivot Table worksheets and Time Series worksheets offer the same 14 as Collections. Customer, Order, Company, and Company Location worksheets have none
  • Dates: history runs from October 1, 2023 (October 2 for Opening Stock and Stock Change) through yesterday, so there is no All time. See inventory metric dates
  • One day or a period: Opening Stock, Closing Stock, Closing Value at Cost, Closing Value at Retail, Units Without Cost, Out-of-Stock Variants, and Last In-Stock Date describe a single day, so their settings ask On what date? instead of Over what time period?
  • Filter: instead of order filters, they take one optional filter, Stock location, and you can pick several locations. Days of Stock Left, Estimated Lost Sales, Sell-Through Rate, and Inventory Turnover always count every location
  • Cell messages: “Waiting for inventory history” means your store’s history is still downloading. “No inventory history” means there is no stock record for that item and period, such as a period before October 2023. “No sales” (Days of Stock Left), “No stock” (Inventory Turnover), and “No sales or stock” (Sell-Through Rate) mean there was nothing to divide by

To put these metrics to work, see the Shopify inventory analytics guide, plus the guides to stock levels and inventory value, stockouts and in-stock rate, and sell-through, turnover, and dead stock.

Where metric availability differs

Examples of target-specific availability include:

  • Product Variant analytics includes profit, margin, COGS, and Orders Net Profit, plus 17 inventory metrics
  • Product analytics includes 15 inventory metrics beside its sales, refund, fulfillment, and return metrics
  • Customer analytics includes purchase-interest, segment, attribution, and return metrics
  • Order analytics focuses on fulfillment, delivery, and return timing
  • Company and Company Location analytics includes B2B sales, quantities, refunds, charges, and averages
  • Collection analytics focuses on sales, quantities, discounts, refunds, refunded-order percentage, and 14 inventory metrics
  • Store reporting includes the broadest storewide sales, attribution, fulfillment, and return totals, plus 14 inventory metrics

Always use the metric menu on the selected worksheet as the final availability reference.

What a report row can show

In a Pivot Table worksheet or Time Series worksheet, the metric lists offer more than every row can calculate. Each row only calculates the metrics that fit its group, and a cell shows “N/A” when it can’t:

  • Vendor, product type, product category, and product tag rows group products. They show sales, quantity, order count, discount, refund, tax, fulfillment, return, and inventory metrics, but not Average Order Value, Total Sales, shipping, duties, additional fees, average order quantities, attribution, or profit metrics
  • Store, Market, customer segment, and marketing channel rows show the order metrics, including Average Order Value and Total Sales, but no profit metrics. Market, customer segment, and marketing channel rows show no inventory metrics
  • Location rows show inventory metrics only, and not Estimated Lost Sales, Sell-Through Rate, or Inventory Turnover
  • Profit metrics (Gross Profit, % Gross Margin, Amount of Cost of Goods Sold, and Orders Net Profit) are calculated per variant, so in a report they only work on custom rows that analyze Product Variants. To compare margins across many products, add them as analytics columns on a Product Variant worksheet instead

Choose a useful supporting metric

A metric is easier to interpret when paired with its denominator or bridge:

  • Net Sales with Gross Sales, discounts, and refunds
  • Average Order Value with Orders Count
  • Refunded Quantity with Gross Quantity Sold
  • Percent of Orders Refunded with Refund Count and Orders Count
  • % Gross Margin with Gross Profit and Amount of Cost of Goods Sold
  • Attribution Coverage Rate with Orders With and Without Attribution
  • Average delivery time with Fulfillment Count
  • Return Request Rate with Return Request Count and sold quantity
  • Sell-Through Rate with Net Quantity Sold and Closing Stock
  • Dead Stock Units with Dead Stock Value at Cost
  • Closing Value at Cost with Units Without Cost, which shows how much stock the value leaves out

Use analytics columns to place these combinations beside Shopify records, or a Pivot Table worksheet to compare the ones a report row can show across business groups.

Mixtable Analytics SpreadsheetNet Sales, orders, and margin calculated from your store's orders
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