Performance Indicators Report
Second Quarter, 2004
- Total Net Portfolio
- Total New Business Volume
- Delinquencies
- Average Losses
- Credit Approved Ratio
- Total Number of Employees
Please Note:
ELA's name, address, web site and contact info have all changed since the information below was originally published. For additional information on this and other ELFA research materials, please contact Bill Choi at bchoi@elfaonline.org or 202.238.3413.|
ELA recently released the results of its Performance Indicators Report (PIR) for the second quarter of 2004 (April-June) The PIR tracks the performance of prominent leasing organizations in six key areas. Because the same companies were tracked and used in the analysis, the PIR provides fairly reliable trend analysis. Each illustration below reflects the data provided by those companies responding to that particular question. Typically, not every company polled responds to every question. New business volume increased by 21.8% when compared to the 2nd quarter 2003. Total net portfolio edged higher by 5.7%. The total number of employees increased 2.8% as companies ramp up to meet new business requirements. Credit approval ratios remained flat, compared to the same quarter last year. Average losses decreased by 20 basis points when compared to the previous year. Lease payments on-time (under 30 days) increased by a percent when compared to 2Q04. All the key metrics are showing positive signs: significantly higher new business volume, higher net portfolios, stable charge-offs, and the increase in the number of employees summarize the 2nd quarter 2004 Performance Indicator Report. This study is conducted quarterly by the ELA, which provides a variety of data, including customized market analyses, to ELA members and organizations involved in the $218 billion equipment leasing industry. |
Participants in the 2nd Quarter 2004 PIR Report
|
Total Net Portfolio
Total New Business Volume
Delinquencies
(as a percent of gross receivables)| 2003 | 2004 | ||||
| 2Q 03 | 3Q 03 | 4Q 03 | 1Q 04 | 2Q 04 | |
| Less than 30 days | 97.30% | 97.20% | 98.50% | 98.40% | 98.20% |
| 31-60 days | 1.10% | 1.30% | 0.60% | 0.50% | 0.70% |
| 61-90 days | 0.50% | 0.80% | 0.30% | 0.50% | 0.50% |
| Over 90 days | 1.20% | 0.80% | 0.70% | 0.60% | 0.60% |
Average Losses
Credit Approved Ratio
Total Number of Employees
