Rental Metrics

The Rental Metrics data model contains summarized data of the total equipment time and financial utilization metrics based on the Rental Utilization data model.

This model supports the comparison of the standard metrics between two set periods of time (1, 3, 6, 12 periods). The period selection is always relative to the current period. For example, if the processing did run in November, then period 1 compares November against October and period 3 compares September to November against June to August.

The measures available in this model are used to compute these KPIs and metrics:
  • Time Utilization (Time Util) which is the percentage of time an equipment unit is on-rent during a given period. This calculation is weighted by the original equipment value (OEC).
  • Financial Utilization (Financial Util) which is the rental revenue of an equipment during a given period. This is weighted by the fraction of the fleet OEC value.
  • Rental Rate Pct which is the percentage change in rental rates from one period to the next.
  • Change in Revenue Pct which is the percentage change in rental revenue from one period to the next.
  • Yield Pct which is a part of the Change of Revenue Pct that is caused by the change in rates.
  • Utilization Pct which is a part of the Change of Revenue Pct that is caused by the change in utilization.
  • Fleet Change Pct which is a part of the Change of Revenue Pct that is caused by the change of fleet size and fleet composition.

Load Date is used to analyze the measures in this model.

Source information

The Rental Metrics model is based on aggregated data by Division (DIVI) and Lot Number (BANO) from Rental Utilization model.