Downtime Business Assessment Tool

Downtime Business Assessment Tool

Discover the true cost of downtime, measure your equipment reliability, and uncover your savings potential.

Input Information

Company Information

Equipment Details

Required

Financial Data

Required
What it is: Total hours when equipment was not operational during the analysis period.
How to calculate: Sum of downtime durations across the period.
Example: 2 days downtime = 48 hours
Enter 0 if no downtime occurred
What it is: Total financial loss from downtime during the selected analysis period.
How to calculate: Downtime Hours × Cost per Hour (agreed with Finance).
Example: 48 hours × 5,000 = 240,000
Required: Confirm this number with your Finance department
What it is: The time window used to annualize your downtime cost.
How to calculate: Select the closest standard reporting period for your site.
Example: One quarter = 90 days
What it is: Your target percentage to reduce downtime.
How to calculate: Set an improvement target agreed internally.
Example: 20

Operations & Maintenance Data

What it is: Total scheduled operating hours during the analysis period.
How to calculate: Hours per day × Days in period.
Example: 24 × 30 = 720 hours
Required to calculate Availability and reliability KPIs
What it is: Number of unplanned failures during the analysis period.
How to calculate: Count incidents that required repair/intervention.
Example: 6 failures in the month
What it is: Total time spent repairing failures during the analysis period.
How to calculate: Sum of repair durations across all failures.
Example: 6 failures × 8 hours = 48 hours

Output Results

Results

Your results will appear here

Complete the required inputs, then click Calculate Downtime Cost.

Select region / language