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Net rental days booked is a forward sales figure Net rental days...

  1. lollot
    902 Posts.
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    20/03/17
    23:51
    Post #: 23496396
    Net rental days booked is a forward sales figure

    Net rental days realised is an accrued (realised) income figure

    If on 1st March you sign an agreement to rent a car for $1000/month for 12 months, you recognise $12,000 net rental days booked in March, but only $1,000 as realised (as of 31st March)


    Edit: I used $ figures instead of # of days but the principle is the same
    Last edited by lollot: 20/03/17
    CL8 Price at posting: 2.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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