To best understand terms specific to Dealerware Insights, refer to the following definitions:
Utilization Report Definitions:
- Vehicle Count: Number of active vehicles in the fleet. Does not include vehicles in a disposed status.
- Average Length of Contract: Average length of contract from the contract start-date to the contract end-date.
- Average Utilization: Utilization percentage = days on contract / days in date range - days unavailable * 100
- Days on Contract: Any day the vehicle was on contract for greater than 30 minutes of the day.
- Days in Date Range: The total number of calendar days within the filtered date range.
- Days Unavailable: Any day the vehicle was in an unavailable status for the entire day, where unavailable statuses include- disposed, hard hold, shuttle, maintenance, and totaled pending insurance.
Vehicles Report Definitions:
- Last Contract: End date of the most recent contract.
- Mileage: Current mileage of the vehicle as of today.
- Average Length of Contract: Average length of contract from the contract start-date to the contract end-date.
- Average Utilization: Utilization percentage = days on contract / days in date range - days unavailable * 100
- Days on Contract: Any day the vehicle was on contract for greater than 30 minutes of the day.
- Days in Date Range: The total number of calendar days within the filtered date range.
- Days Unavailable: Any day the vehicle was in an unavailable status for the entire day, where unavailable statuses include- disposed, hard hold, shuttle, maintenance, and totaled pending insurance.
Cost Recovery Definitions:
- Fuel Recovery: Total amount of fuel consumed on contract within the filtered date range (includes settled and unsettled balances).
- Toll Recovery: Total amount of contract tolls incurred within the filtered date range (includes settled and unsettled balances).