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Calcimator

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

Annual ROI20.1%
Payback period (years)5
Upfront hardware cost$17,000.00
Annual subscription$9,600.00
Loss reduction savings$2,160.00
Annual labor savings$9,360.00
Cost per head per day$0.42
How to Use This Calculator
  1. Enter Herd size (head), Collar/tag cost ($), and Monthly subscription ($/head).
  2. Set Base station cost ($), Number of base stations, and Average animal value ($).
  3. Adjust Annual loss rate (%), Expected loss reduction (%) as needed.
  4. Review the Net annual benefit ($) result.
  5. 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

  1. Identify Input Parameters
    4 parameters
    Herd size (head) = 100, Collar/tag cost ($) = 120, Monthly subscription ($/head) = 8, Base station cost ($) = 2500 = 10 input(s) provided
  2. Calculate Net annual benefit
    Net annual benefit = totalAnnualSavings - annualSubscription
    3420 = $3,420
  3. Calculate Annual ROI
    20.1 = 20.1%
  4. Calculate Payback period
    5 = 5

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