Salvage Reports (Claim Detail)

This report is used to analyze and process data based on either Carrier or Salvage Vendor.

Reference

Screen Components

Region	Lists the available regions. Click to select the applicable region.
Division	Lists the available divisions. Click to select the division.
Office	Lists the available offices. Click to select the office.
User	Lists the available users. Click to select the user.
Vehicle Loss State	The state or province where the vehicle is located. Click to select the loss state or province for the vehicle.
Salvor	Lists the available salvors. Click to select the salvor.
Salvor State	The state or province where the salvor is located. Click to select the state or province where the salvor is located.
Salvor Yard	Lists the available salvor yards. Click to select the salvor yard.
Vehicle Type	Lists the available vehicle types. Click to select the vehicle type.
Coverage Type	Lists the available coverage types. Click to select the coverage type.
Program Type	Lists the available program types. Click to select the program type.
Disposition Type	Lists the available disposition types. Click to select the disposition type.
Date Range	Lists the available date ranges, e.g., YTD (Year to Date). Click to select the date range.
Selected Date Range	Lists the available date ranges. Click to select a date range.
Assignment Created Date Range From	Enter the applicable date range or click the calendar icon to select it.
Assignment Created Date Range To	Enter the applicable date range or click the calendar icon to select it.
Age To (Applicable For Pending By Age)	Enter the applicable age range.
Age From (Applicable For Pending By Age)	Enter the applicable age range.

Report Calculations

Calculation	Definition
Units Sold	Total number of vehicles sold as salvage during the (reporting) period
ACV Pop %	Percentage of records that have an ACV populated in the system.
Average ACV	Avg Actual Cash Value of vehicles sold during time period. ACV from carrier or pool.
Gross Recovery $	Total Gross dollars recovered from the sale of vehicles during the period.
Gross Recovery %	Total Gross dollars recovered as a percentage of ACV. (i.e.; Gross Recovery $200,000/ Total ACV $1,000,000 = 20% Gross Recovery)
Net Recovery $	Total dollars recovered less pool expenses from the sale of vehicles during the period. (Net = Gross Recovery - Pool Expenses)
Net Recovery %	Total dollars recovered less pool expenses as a percentage of ACV. (i.e.; Net Recovery $150,000/ Total ACV $1,000,000 = 15% Net Recovery)
Net/Net Recovery $	Total dollars recovered less all expenses from the sale of vehicles during the reporting period. (Net/Net = Gross Recovery - [Pool Expenses +Advance Charges])
Net/Net Recovery %	Total dollars recovered less all expenses as a percentage of ACV. (i.e.; Net/Net Recovery $100,000/ Total ACV $1,000,000 = 10% Net/Net Recovery)
Diff Gross vs. Net/Net	Difference as a percentage between Gross Recovery and Net/Net Recovery (i.e.; Gross Recovery 20% - Net/Net 15% = 5% Diff Gross vs. Net/Net)
Avg Svc Fee	Avg pool fees (excluding advance fees) for records with positive ACV and sale amt.
Avg Assign Dt to Sale Dt	Avg number of days from date of assignment to date of sale.
Pending, Total	Total number of all vehicles assigned to pools and are awaiting sale.
Pending, No Hold	Total pending minus any vehicles on hold or under subrogation.
Pending > 60 Days	Total number of vehicles assigned and awaiting sale for more than 60 days.
%Pending > 60	Total number of vehicles assigned and awaiting sale for more than 60 days as a percent of Total Pending (i.e.; 20 Pending >60 days/100 Total Pending= 20%)
Pending > 60, No Hold	Same as "Pending > 60 Days", less any vehicles on hold or under subrogation.
Pending > 120 Days	Total number of vehicles assigned and awaiting sale for more than 120 days.
%Pending > 120	Total number of vehicles assigned and awaiting sale for more than 120 days as a percent of Total Pending (i.e.; 20 Pending >120 days/100 Total Pending = 20%)
Pending > 120, No Hold	Same as "Pending > 120 Days", less any vehicles on hold or under subrogation.
Est Net/Net Pending	Est. Net/Net Recovery Value of all pending (Average Net/Net Value x Total Pending)