Rental Utilization calculated measures and KPIs

This table shows the Rental Utilization measures that are calculated and defined as saved expressions.

The expressions are based on sum aggregation.

Measure	Description
Avg Book Rate	Book rate divided by the number of records
Avg Fleet Age	Fleet age divided by the number of records
Avg Net Rate	Net rate divided by the number of records
Book Rate Util Pct	The possible rental income divided by the possible book revenue
Financial Util Pct	Rental revenue divided by the original equipment cost
Maint and Rep vs Revenue Pct	The sum of maintenance and repair costs divided by the rental revenue
Maint vs Revenue Pct	Maintenance costs divided by the rental revenue
Net Rate Util Pct	The actual rental income divided by the possible net revenue
Net Time Util Pct	The net rented days divided by the possible rental days
Not Utilized Time Pct	Time not utilized in percent, calculated as 1 - Time Util Pct
Possible Financial Util Pct	The possible book revenue divided by the acquisition cost
Rate Yield Pct	To evaluate the daily rate pricelist compared with the actual rental rates, the actual rental income is divided by the possible book revenue
Repair vs Revenue Pct	Repair costs divided by the rental revenue
Rental Gross Margin Pct	Rental gross profit divided by the rental revenue
Rental Gross Profit	Rental revenue minus the sum of depreciation and maintenance costs
Time Util Pct	The number of actual rental days divided by the possible rental days
Weighted Fleet Age	Fleet age divided by the original equipment cost
Weighted Time Util Pct	The original equipment cost multiplied by the rental days excluding out of service time divided by the original item cost multiplied by the possible rental days for the period