How To Calculate The Average Daily Revenue?


1 Answers

Yooti Bhansali Profile
Yooti Bhansali answered
Average Daily Revenue (ADR) for biweekly periods can be calculated in the following way. ADR = Revenue / number of eligible days in the period.

However, the divider that is the number of eligible days in the period is not always constant. Sometimes it might be ten days, other times it may range from eight or nine days, depending on the number of holidays as well as the weekends that occur in the said time period. Although, this may create a problem as the weekends and holidays do count for some money as they are counted in the eligible days.

Knowing this, one can create columns in which one can calculate the proper average daily revenue for every period. Every year differs for every period regarding the number of eligible days.

Answer Question