The payback period of equipment is an economic indicator that must be calculated in the analysis and planning of economic activities. It characterizes the time for which the money spent on the purchase of the next means of production will be returned in full due to the use of the unit.
Instructions
Step 1
First, determine the amount that the company is ready to allocate for the purchase of new equipment. Include directly the purchase price and installation and commissioning costs. For example, if you plan to acquire an additional conveyor that will allow you to redistribute the load, then in the "Capital investments" parameter, calculate the price of the device, the amount of delivery, the cost of installation and start-up work. However, if all the preparatory activities were carried out by a full-time employee of the company, and therefore the organization managed to avoid additional costs, then nothing needs to be added in addition to the purchase costs.
Step 2
Calculate the amount of gross income received from the use of equipment. For example, if 500 loaves of bread are baked in a new oven per month and sold at a price of 20 rubles per unit of goods, and the cost of raw materials per loaf is 5 rubles, then the gross profit will be equal to 7,500 rubles (7500 = (20 rubles - 5 p) * 500). At the same time, the costs of maintaining the salary fund are not taken into account, but if additional personnel are hired to service the equipment, then payments to newly hired employees must be taken into account. Tax deductions should be ignored - in any case, they will depend on the total amount of income. Thus, gross income is the difference between the selling price and the cost of production, in trade - the amount of markups.
Step 3
Substitute the found indicators into the formula: T = K / VD, where T is the payback period; K - capital investments; VD - gross income. When calculating the payback period, you can take any time interval. If a quarter is selected, then the amount of gross income is also taken from the calculation for 3 calendar months.
Step 4
Instead of the profitability indicator, you can substitute the amount of savings that will become possible after the introduction of an additional piece of equipment, because according to popular wisdom, "Saved money means earned money."
