Agriculture - Livestock Template

Overview

Spotlight has two agriculture specific templates; Dairy and Livestock.

The Dairy template combines some of the key metrics Livestock Agriculture businesses should focus on. These metrics are split across the Livestock Debt Metrics and Livestock Yield Metrics pages in Spotlight Reporting.

To make the most of the Agriculture - Livestock template, you will need to:

  1. Source non-financial data
  2. Assign specific report codes to key accounts
  3. Evaluate the formulas and customise using the formula builder if necessary.
    Note: Some Livestock businesses may measure these metrics differently due to seasonality, setup of accounts or other factors.

Non-financial data required

Most Agriculture metrics require financial and non-financial data. Therefore, you will need to collate and enter the following non-financial information into Spotlight:

  • Size (of area to evaluate)
  • Stock
  • Number of Sales Transactions

You can manually enter the data into the non-financial tab under Customise Data. Alternatively, enter the data into this Excel template and import it into Spotlight using the excel import function on the Import tab.

Assign specific report codes to key accounts

Most report codes needed for the template are automatically assigned by Spotlight. However, for the metrics to calculate correctly you may need to assign some financial report codes manually. To do this, open Customise Data and locate the following accounts, then to assign the specified report code click the report code button.

  • Interest expense - EXP.INT (Expenses > Interest and finance charges)

Livestock Debt Metrics

Interest coverage ratio

interest coverage ratio2

Formula:  (Trading Revenue - (Expenses - Tax - Interest Expenses)) / Interest Expenses

Report codes used: REV.TRA, EXP, EXP.TAX & EXP.INT

Debt Burden Percentage

debt burden percentage2

Formula: (Interest Expense / (Total Expenses - Cost of Sales)) * 100

Report codes used: EXP.INT, EXP and EXP.COS

Asset to Debt Ratio

asset to debt ratio2

Formula: Assets / Liabilities

Report codes used: ASS and LIA

Debt to Equity

debt to equity2

Formula: Total Liabilities / (Total Assets - Total Liabilities)

Report codes used: LIA, ASS

Livestock Stock Metrics

Average Revenue Per Transaction

average revenue per transaction

Formula: Trading Revenue / Sales Transactions

Report codes used: REV.TRA and SAL.TRA

Total Stock

total stock

Formula: Stock

Report codes used: OPR.STO

Stocking Rate

stocking rate

Formula: Stock / Size

Report codes used: OPR.STO and OPR.SIZ

Revenue Per Hectare

revenue per hectare

Formula: Trading Revenue / Size

Report codes used: REV.TRA and OPR.SIZ

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