Average Sale Percentage by Industry is a measure of how well companies in particular industries are doing in terms of their sale revenue. It’s calculated by taking the total sales generated by the industry during a given period and dividing it by the total amount of time needed to generate that revenue. The resulting number shows the average percentage of sales per unit of time, or in this case, industry. This figure can help businesses evaluate their performance and compare themselves to competitors in the same field. By using it as a benchmark, companies can also identify areas for improvement and set goals for increasing sales.