Total Contracts

Metric Name

Total Contracts

Metric Family

Income Statement

Metric Definition

Sum of all active contracts, both recurring and non-recurring contracts, that a company has.

Formula

Total Contracts = Number of Active Recurring Contracts + Number of Active Non-Recurring Contracts

Application

The quantity of total contracts highlights the penetration in target market. Provides insight into the functions of two different revenue streams: recurring and non recurring revenue. Tracking this metric can help companies judge consumer adoption.