Monetary Terms in Sales and Business Averages

The formula to calculate Covers per Hour is Total Covers / Number of Days of Operation.

Seat turnover is calculated by dividing the number of customers served by the number of seats available.

Sales Mix compares the quantity sold of any menu item to the total sales of a restaurant.

The average sale per customer can be calculated by dividing the total sales by the number of customers served.

Cover per Server is found by dividing the total covers by the number of seats available in the restaurant.

The turnover rate for a restaurant is calculated by dividing the number of customers served by the number of servers.

Covers per Day is determined by dividing the total covers by the number of days of operation.

Sales price refers to the total revenue generated from selling a specific menu item.

Average cover per hour can be calculated by dividing the total covers by the number of servers in a restaurant.

$1.87 turns represents that, on average, each seat in the restaurant was occupied 1.87 times during that one Saturday meal.