Rental Utilization calculated measures and KPIs

This table shows the Rental Utilization measures that are calculated and defined as saved expressions. The saved expressions also use the Rental Period Date and Sum aggregation.

Measure Description
Financial Util Pct Rental revenue divided by the original equipment cost
Rental Gross Margin Pct Rental gross profit divided by the rental revenue
Book Rate Util Pct The possible rental income divided by the possible book revenue
Net Rate Util Pct The actual rental income divided by the possible net revenue
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
Possible Financial Util Pct The possible book revenue divided by the acquisition cost
Original Item Cost The sum of original equipment cost of all equipment under an item
Repair vs Revenue Pct Repair cost divided by the rental revenue
Maint and Rep Cost The sum of maintenance and repair cost
Maint vs Revenue Pct Maintenance cost divided by the rental revenue
Maint and Rep vs Revenue Pct The sum of maintenance and repair cost divided by the rental revenue
Time Util Pct The number of actual rental days divided by the possible rental days
Net Time Util Pct The net rented days divided by the possible rental days
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
Weighted Fleet Age Fleet age divided by the original equipment cost
Avg Book Rate Book rate divided by the number of records
Avg Net Rate Net rate divided by the number of records
Avg Fleet Age Fleet age divided by the number of records