ARA Rental Market Metrics™ provides the rental industry with standards for financial reporting. Rouse Analytics launches Rental Metrics Benchmark Service Rouse Analytics, Beverly Hills, CA, has launched its Rental Metrics Benchmark Service, which provides rental companies of all sizes with a comparison of their own key performance metrics relative to the aggregated performance metrics of the industry. Initial participants in the service include industry leaders United Rentals, Hertz Equipment Rental Corporation, Ahern Rentals, NES Rentals, H&E Equipment Services, and Neff Rentals. The service reports on rental rates, physical utilization, dollar utilization, fleet age and revenue per day metrics.

For Exhibitors. Exhibit space is now. The market and the location. American Rental Association Located at 1900 19th Street. Ara Rental Market Metrics Pdf Free. Market Metrics defines methods for calculating and reporting rental performance metrics. The American Rental.

The service also reports on rental rate change over time and revenue distribution (i.e. J Tillman Cancer And Delirium Rare. ,% of revenue derived from monthly, weekly and daily rentals, and ancillary fees). These metrics are reported on a total company, regional and market level for over 50 major categories and almost 400 types of equipment. No changes to rental companies’ current systems are necessary for participation in the service as Rouse Analytics is able to accept data from any rental system in any format. The information provided by the Rental Metrics Benchmark Service enables rental companies to make better-informed decisions on rental rates, improve fleet management and improve investor communication.

The metrics reported are compliant with the American Rental Association’s Rental Market Metrics™, a new industry standard designed to provide rental companies with a consistent method for reporting critical performance measures. “ARA is pleased to have Rouse Analytics adopt ARA Rental Market Metrics™ as the standard for their Rental Metrics Benchmark Service,” says Christine Wehrman, ARA’s CEO. “ARA is confident of Rouse’s ability to implement the metrics as defined and recognizes the value of this service to the industry. Rental businesses that subscribe to Rouse Analytics Rental Metrics Benchmark Service are now able to compare themselves to other companies based on the ARA Rental Market Metrics™ standards.” For more information about Rouse Analytics’ Rental Metrics Benchmark Service, contact Gary McArdle, Vice President of Rouse Analytics, at 310-360-9200, ext.

124, or gary@rouseservices.com. More information about Rouse Analytics is available at rouseanalytics.com. The American Rental Association (ARA) has published ARA Rental Market Metrics™, a white paper outlining industry standards for calculating and reporting equipment rental company performance metrics. “The development of rental performance metrics marks a new chapter in the equipment rental industry.

Standardizing the methods equipment rental companies use to calculate performance measures will advance individual businesses and industry performance in a consistent manner. ARA undertook this landmark initiative to further the growth and professionalism of the industry,” says Christine Wehrman, ARA’s executive vice president and CEO.

ARA Rental Market Metrics™ is designed to provide equipment rental companies a consistent way of calculating and reporting critical performance measures. It develops industry standards for the definition of a day, original equipment cost (OEC), and for the calculation of time (physical) utilization of equipment, financial (dollar) utilization, fleet age and in period-over-period percentage change in rental rates.

“Several key performance metrics for equipment rental businesses are unique to the equipment rental industry and most of these metrics are associated with fleet efficiency and utilization. Consistency in reporting metrics was missing in our industry and made it virtually impossible for rental businesses to assess their performance relative to their peers,” says John McClelland, Ph.D., ARA’s vice president for government affairs, project leader and co-author of the white paper with Michael Graboski, Ph.D., an ARA consultant. Firmware Samsung Galaxy S2 Gt I9100 Indonesia Embassy here. ARA convened an industry-wide advisory group to lend counsel and advice during the 18-month development process for the ARA Rental Market Metrics™ whitepaper. Dan Kaplan, a rental expert from Daniel Kaplan Associates, Morristown, N.J., provided the initial inspiration to ARA for this project and contributed to the effort.