On-Time Completion Rate measures the percent of work orders that were completed in the time in which they were due.
Days to Invoice is calculated by averaging the number of calendar days between the last appointment on a job and the transacted date of the first invoice for all jobs with a transacted invoice in the same time period.
Top performers: 4.7 days
Middle performers: 11 days
Bottom performers: 17.7 days
Pull-through work includes repairs, upgrades, replacements, and installations that come from existing relationships with the customer. Anything you’ve proactively suggested or planned with your customer outside of routine maintenance and construction work.
For top-performing mechanical contractors in this category, 21.1% of all work orders fell into the category of pull-through work.
Year-Over-Year Revenue Growth is calculated by totaling all transacted invoice revenue from the period year and dividing by the total transacted invoice revenue from the previous year.
See More Data
Dive deeper into the data that’s most relevant to your business. Input the number of technicians you employ, then download the report to see how similarly-sized businesses (based on technician count) are performing.
Get the ReportRelated Resources
More Research and Learning Materials
In a tight labor market, many service contractors are at capacity, with no room to take on new customers. To continue growing at such a time, businesses must find ways to increase revenue from existing customers. In fact, ServiceTrade’s recent data analysis found that the fastest way for commercial service contractors to grow overall revenue […]