Rental Utilization YTD - Four Week Report

Modified on Tue, 30 Jun at 9:31 AM

Business Overview

The Rental Utilization YTD - Four Week report shows how effectively rental equipment is being utilized year-to-date.

It compares actual rented activity against a potential four-week revenue/day model, grouped for easy operational review by branch and model group.

Use this report to:

  • Identify under-utilized rental units.
  • Compare unit-level utilization across branches and model groups.
  • Evaluate whether equipment is producing expected rental dollars.
  • Support fleet decisions such as redeployment, pricing review, or replacement.


Intended Audience

  • Rental managers
  • Branch managers
  • Operations leadership
  • Finance and asset utilization analysts


Input Parameters

This report accepts the following user parameters:

  1. Year (integer)
  • Filters records to Rental History rows for the selected year.
  1. Inventory Department (integer ID)
  • Filters to equipment assigned to the selected inventory department.

Data Returned On The Report

The report displays these columns:

ColumnDescription
Unit NoEquipment unit number.
MakeEquipment make.
ModelEquipment model.
Serial NoEquipment serial number.
1st Inv DateEarliest invoice date associated to the equipment via rental work orders.
ITD DaysSum of days rented.
ITD AmountSum of rental amount billed.
Potential $Potential rental dollars based on Four Week Rate and potential day model.
Dollar Util %Ratio of actual ITD Amount to Potential $.
Day UtilRatio of actual rented days to potential days.
4 Week RateFour-week rental rate from equipment setup.
Ave Day RateAverage daily rate based on ITD Amount and ITD Days.

The report is grouped by:

  • Branch
  • Model Group


Data Sources

Primary data comes from these entities/tables:

  • RentalHistory
  • Equipment
  • WORental
  • WO
  • InvoiceReg
  • Dept
  • Branch


Filter Logic

A record is included only when all conditions are true:

  • Customer checkbox on Equipment = false
  • Department= selected Inventory Department
  • Rental History Year = selected Year

Calculation Logic

Core Aggregates

For each grouped unit:

  • ITD Days = sum(DaysRented)
  • ITD Amount = sum(RentAmount)
  • Four Week Rate = Equipment Four Week Rent field
  • First Open WO Date = minimum Document Open Date
  • First Invoice Date = minimum Document Invoice Date

Potential Days

Potential Days is based on a four-week month model:

PotentialDays = 28 x differenceMonths

differenceMonths =

(CurrentDatePlusOneDay.Year - FirstOpenWODate.Year) x 12

+ (CurrentDatePlusOneDay.Month - FirstOpenWODate.Month)

Potential Dollars

Potential $ = (FourWeekRate x PotentialDays) / 28

Average Day Rate

Ave Day Rate =

  • 0 when ITD Days = 0
  • Otherwise ITD Amount / ITD Days

Dollar Utilization

Dollar Util % =

  • 0 when Potential $ = 0
  • Otherwise ITD Amount / Potential $

Day Utilization

Day Util =

  • 0 when monthRate = 0
  • Otherwise ITD Days / monthRate

where monthRate = 28 x differenceMonths

Sorting

Rows are sorted by:

  1. Inventory Branch
  2. Model Group
  3. Unit No

Important Notes

  • The report is designed for non-customer equipment utilization.
  • Year filtering is based on Rental History year, not invoice year.
  • Utilization is calculated using a four-week month convention, not exact calendar-day month lengths.
  • If no records are found, a blank row may still be returned to allow report rendering.

Security

Execution requires report permission for the Role of the logged in User

  • Reports -> Rental -> Rental Utilization YTD Four Week

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