Revenue per Rental
Revenue per Rental measures how much revenue is being generated on average each time a property is rented by a consumer. A low result may imply that the business’ properties are being inefficiently priced, particularly if the company operates with a low volume of Rental Sales.
Making the KPI
To create Revenue per Rental you’ll need to know:
- The total number of Rentals which have occurred within the reporting period
- The amount of Revenue which has generated from Rental Sales within the reporting period
The former should be imported into FUTRLI via CSV, whilst the latter should be being sourced directly from your accountancy platform of choice.
To create Revenue per Rental within FUTRLI, divide Rental Sales by the total number of Rentals which occurred within the period.