How to Use This Calculator
- Enter the number of hours your system was unavailable during the downtime period.
- Input the average hourly revenue your business would have generated during that time.
- Specify the average labor cost per hour associated with the downtime (including recovery efforts).
- Adjust the additional costs percentage if needed (default is 10% which represents lost opportunity costs).
- Click the "Calculate" button to see the estimated total cost of downtime.
Understanding the Results
The calculator provides a comprehensive breakdown of your downtime costs:
- Revenue Lost: Direct income lost during the downtime period.
- Labor Costs: Expenses related to personnel working during the recovery process.
- Additional Costs: Percentage of revenue allocated to other indirect costs.
- Total Downtime Cost: The comprehensive financial impact of the downtime.
Practical Applications
This calculator is particularly useful for:
- IT departments assessing server or network downtime
- Business continuity planning
- Investment justification for redundancy systems
- Insurance claims documentation
- Financial reporting for operational disruptions
Example Scenario
For example, if your system was down for 4 hours, with an average hourly revenue of $5,000 and labor costs of $1,000 per hour, the calculation would be:
$20,000 (Revenue Lost) + $4,000 (Labor Costs) + $400 (Additional Costs) = $24,400 total downtime cost