Pure Supplement Frequency Continues to Increase

Oct. 1, 2015

In the second quarter of 2015, 27.46 percent of all original estimates prepared by Mitchell-equipped estimators were supplemented one or more times. In the same period, the pure supplement frequency (supplements to estimates) was 50.44 percent, reflecting a 3.59 percent increase from that same period in 2014. A higher supplement frequency can be an indicator of how much cash is tied up, while reduced supplement frequency is an indicator of better cash flow. Mitchell said high supplement frequency can also delay vehicle delivery.

Visit go.mitchell.com/ITR to view the full Q3 2015 Industry Trends Report and sign up for free delivery of future Mitchell International Industry Trends Reports

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