📌 Method: FinesMonthlyRevenue
This article explains how we calculate monthly revenue from fines.
How is fine turnover calculated?
Find all fines issued in the selected period
We retrieve all penalties that have been collected between the specified dates.
Filter by segment
Fines can be grouped by gender or age to analyze trends.
Total fine amount per month
We calculate the total revenue from fines during the period.
Visualize data
Data is displayed as a range chart showing the fine revenue over time.
Example calculation
We calculate the fine turnover for January and February.
Month | Number of fines issued | Average fine | Total Revenue |
January | 50 | 250 kr. | 12.500 kr. |
February | 60 | 275 kr. | 16.500 kr. |
Calculate total revenue for February:
60×275=16.500 kr.60 \times 275 = 16.500 \text{ kr.}60×275=16,500 kr.
Average fine per month:
12.500+16.5002=14.500 kr.\frac{12.500 + 16.500}{2} = 14.500 \text{ kr.}212,500+16,500=14,500 kr.
Why is this important?
Fine turnover can be used to understand: ✔
How many members are violating the rules
✔ How effective the fine policy is
✔ How fines contribute to total turnover
💡 Result: A graph showing how the turnover of fines develops over time.
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