Rentals to Cars
Rentals to Cars is a key operational metric in the Car Rental industry, which measures how effectively the assets at the company’s disposal – its fleet of Cars are being utilised. A low Rental to Cars figure indicates that the firm is struggling to attract cliental and should consider reevaluating its operational strategy.
Making the KPI
To create Rental to Cars in FUTRLI you’ll need to know:
- Number of Car Rentals within a period
- Number of available Cars
As all of the aforementioned information is non-financial in nature, you will need to import this data into FUTRLI via CSV.
Once your data has been imported, you can express Rentals to Cars by dividing the number of Rentals which occurred by the total number of available Cars.