MeasuringXtime

Xtime: Measuring in opposition to the pre-COVID world

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Cox Automobile’s Xtime information expose how knowledge on repair inform volume and income comprise tracked since January 2019.

January 01, 2023 12:00 AM

What it’s: A month-to-month gape at how franchised dealerships’ service departments are performing, measured by the different of repair orders and income purchased from these jobs.

The place it comes from: Cox Automobile’s Xtime build, which affords gadget for dealership service departments and extracts the easy assignment on repair inform volume and income.

How or no longer it’s oldschool: Offered as an index, the metrics expose how these areas comprise tracked since January 2019. A bunch bigger than 100 manner repair inform volume and income in a given month elevated when put next with January 2019, while a number lower than 100 manner a decline. The charts can expose how service departments’ alternate is doing over time.

The plan it may maybe perhaps perhaps probably maybe maybe maybe be misused: An index shall be interpreted incorrectly if the reader would now not comprise context with which to plan comparisons. A figure lower than 100 may maybe maybe maybe restful signify a one year-over-one year or month-over-month amplify for a explicit metric, as an instance, even though or no longer it’s below the benchmark month of January 2019.

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