Livestock GPS Tracking Calculator
Calculate the ROI of GPS collar/ear-tag livestock tracking systems including loss reduction savings, labor savings, and payback period.
Inputs
Results
Net annual benefit
$3,420.00
≈ 3 smartphones
How to Use This Calculator
- Enter Herd size (head), Collar/tag cost ($), and Monthly subscription ($/head).
- Set Base station cost ($), Number of base stations, and Average animal value ($).
- Adjust Annual loss rate (%), Expected loss reduction (%) as needed.
- Review the Net annual benefit ($) result.
- Use Annual ROI (%) and Payback period (years) to inform your decision.
How the result changes with Monthly subscription ($/head)
| Monthly subscription ($/head) | Net annual benefit |
|---|---|
| 5 | $7,020.00 |
| 18 | -$8,580.00 |
| 33 | -$26,580.00 |
| 45 | -$40,980.00 |
What each input means
- Herd size (head)
- Total number of animals to be tracked.
- Collar/tag cost ($)
- Cost per GPS collar or ear tag.
- Monthly subscription ($/head)
- Monthly data/connectivity fee per tracked animal.
- Base station cost ($)
- Cost per base station or gateway.
- Number of base stations
- Base stations needed to cover your pasture area.
- Average animal value ($)
- Market value per animal.
- Annual loss rate (%)
- Current annual death/theft/stray loss rate.
- Expected loss reduction (%)
- Percentage of losses GPS tracking can prevent.
- Labor hours saved/week
- Hours saved from not manually checking herds.
- Labor rate ($/hr)
- Hourly wage for ranch hands.
What each result means
- Net annual benefit
- Total savings minus subscription costs per year.
- Annual ROI
- Return on investment as percentage of hardware cost.
- Payback period (years)
- Time to recoup the initial hardware investment.
- Upfront hardware cost
- Total cost for collars and base stations.
- Annual subscription
- Yearly data/connectivity cost.
- Loss reduction savings
- Annual savings from reduced livestock losses.
- Annual labor savings
- Annual savings from reduced checking time.
- Cost per head per day
- Daily tracking cost per animal (hardware amortized over 3 years).
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersHerd size (head) = 100, Collar/tag cost ($) = 120, Monthly subscription ($/head) = 8, Base station cost ($) = 2500 = 10 input(s) provided
- Calculate Net annual benefitNet annual benefit = totalAnnualSavings - annualSubscription3420 = $3,420
- Calculate Annual ROI20.1 = 20.1%
- Calculate Payback period5 = 5
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