ROI calc for hand dryers

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Product Description

Quick return on Investment (ROI)

Yes it is an ‘investment’ not a ‘sunk cost’… and here is some calculation to prove our point! Here we have used the list price of hand dryers.

Your ROI can be better if:

  • If any discount is offered to you on the list price.
  • We have not subtracted from the hand dryer price, the money you would have otherwise spent on buying paper towel dispensers.
  • Labour involved in ordering and refilling the paper towel dispensers every day.
  • As mentioned earlier, we are considering the worst case scenarios so your savings will always be better than calculated below.

Facilities are classified as below:

  • A facility is defined as high volume if a hand dryer is used for drying cycles equivalent to 60 mins of operation of hand dryer in a day. For example: Airports, multiplex movie theatres, malls, big industrial or office canteens etc. can be classified as high volume facilities.
  • A facility is defined as medium volume if a hand dryer is used for drying cycles equivalent to 30 mins of operation of hand dryer in a day. For example: Corporate offices, hotels, banquet halls, manufacturing facilities etc. can be classified as medium volume facilities.
  • A facility is defined as low volume if a hand dryer is used for drying cycles equivalent to 15 mins of operation of hand dryer in a day. For example: Small offices, Restaurants, Cafes, shops etc. can be classified as low volume facilities.
  • Please check the graph and download the PDF file from the ””brochure”” link on this page for the complete savings and ROI calculations.

Specifications

ROI for Prima Series Hand Dryer Model: AS 25-IR SB
Assume that you buy an askon Prima Series hand dryer AS 25-IR SB for which you paid Rs. 13778.

The ROI for Rs. 13778 as compared to if you were using paper towels will be,

13778 ÷ ((2.5*120)-14) = 48 hours of hand dryer operation

  • Where Rs. 2.5 is the cost per drying cycle when using paper towels
  • 120 is the number of drying cycles in 1 hour of continuous operation of hand dryer model AS 25-IR SB.
  • Rs. 10 is cost of 1 unit of electricity in Mumbai as of July’15. Thus cost of operating AS 25-IR SB for 1 hour is Rs. 14
  • Rs. 13778 is the List Price of hand dryer AS 25-IR SB as of May 2015 excluding taxes.

Following are some conclusions we can make:

  • If the hand dryer is operated for 1 hour or 120 drying cycles of 30 seconds each per day, the cost for the hand dryer will be recovered in 48 days or 1.5 months as compared to if you were using paper towels for drying hands!! This is applicable for high volume facilities.
  • If the hand dryer is used for 30 minutes or 60 hand drying cycles of 30 seconds each, the cost for the hand dryer will be recovered in 96 days or 3 months as compared to if you were using paper towels for drying hands!! This is applicable for medium volume facilities.
  • If the hand dryer is used for 15 minutes or 30 hand drying cycles of 30 seconds each, the cost for the hand dryer will be recovered in 192 days or 6 months as compared to if you were using paper towels for drying hands!! This is applicable for low volume facilities.
  • Thus, after 48 days (if hand dryer used for 120 drying cycles everyday) there will be savings of Rs. 286 every 120 drying cycles using hand dryer model AS 25-IR SB as compared to using paper towels.

ROI for Mach Series Hand Dryer Model: ASH-MJ1
Assume that you buy an askon Mach Series hand dryer ASH-MJ1 for which you paid Rs. 17867.

The ROI for Rs. 17867 as compared to if you were using paper towels will be,

17867 ÷ ((2.5*240)-10) = 31 hours of hand dryer operation

  • Where Rs. 2.5 is the cost per drying cycle when using paper towels
  • 240 is the number of drying cycles in 1 hour of continuous operation of askon hand dryer model ASH-MJ1.
  • Rs. 10 is cost of 1 unit of electricity in Mumbai as of July’15. Thus cost of operating ASH-MJ1 for an hour is Rs. 10
  • Rs. 17867 is the List Price of hand dryer model ASH-MJ1 as of May 2015 excluding taxes.

Following are some conclusions we can make:

  • If the hand dryer is operated for 1 hour or 240 drying cycles of 15 seconds each per day, the cost of the hand dryer will be recovered in 31 days or 1 month as compared to if you were using paper towels for drying hands!! This is applicable for high volume facilities.
  • If the hand dryer is used for 30 minutes or 120 hand drying cycles of 15 seconds each, the cost of the hand dryer will be recovered in 62 days or 2 months as compared to if you were using paper towels for drying hands!! This is applicable for medium volume facilities.
  • If the hand dryer is used for 15 minutes or 60 hand drying cycles of 15 seconds each, the cost of the hand dryer will be recovered in 124 days or 4 months as compared to if you were using paper towels for drying hands!! This is applicable for low volume facilities.
  • Thus, after 31 days (if hand dryer used for 240 drying cycles everyday) there will be savings of Rs. 590 every 240 drying cycles using hand dryer model ASH-MJ1 as compared to using paper towels.

ROI for Mach Series Hand Dryer Model: ASH-MJ2
Assume that you buy an askon Mach Series hand dryer ASH-MJ2 for which you paid Rs. 55000.

The ROI for Rs. 55000 as compared to if you were using paper towels will be,

55000 ÷ ((2.5 * 300)-7) = 74 hours of hand dryer operation

    • Where Rs. 2.5 is the cost per drying cycle when using paper towels
    • 240 is the number of drying cycles in 1 hour of continuous operation of askon hand dryer model ASH-MJ1.
    • 300 is the number of hand drying cycles in 1 hour of continuous operation of hand dryer model ASH-MJ2
    • Rs. 10 is cost of 1 KWH of electricity in Mumbai as of July’15. Thus cost of operating 0.7 KW hand dryer model ASH-MJ2 for an hour is Rs. 7
    • Rs. 55000 is the List Price of hand dryer ASH-MJ2 as of May 2015 excluding taxes.

Following are some conclusions we can make:

  • If the hand dryer is operated for 1 hour or 300 drying cycles of 12 seconds each per day, the cost of the hand dryer will be recovered in 74 days or 2.5 months as compared to if you were using paper towels for drying hands!! This is applicable for high volume facilities.
  • If the hand dryer is used for 30 minutes or 150 hand drying cycles of 12 seconds each, the cost of the hand dryer will be recovered in 148 days or 5 months as compared to if you were using paper towels for drying hands!! This is applicable for medium volume facilities.
  • If the hand dryer is used for 15 minutes or 75 hand drying cycles of 12 seconds each, the cost of the hand dryer will be recovered in 296 days or 10 months as compared to if you were using paper towels for drying hands!! This is applicable for low volume facilities.
  • Thus, after 74 days (if hand dryer used for 300 drying cycles everyday) there will be saving of Rs. 743 every 300 drying cycles when using the hand dryer model ASH-MJ2 as compared to using paper towels.