Production vs Collection Ratio

Excel Formulas › Dental Practice

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Collection ratio — collections over production — is the dental practice’s cash-health metric. Production is dentistry done at full fee; collections are dollars actually banked.


Quick formula: collection ratio:
=collections / production
Collections over production (work done at full fee). 92% collected on $80,000 produced means strong cash flow.

The example

$73,600 collected, $80,000 produced.

AB
1ItemValue
273,600 / 80,000—
3Collection→ 92%

The formula

The formula:

=collections / production // collections ÷ production

How it works

How it works:

  1. Production = dentistry performed at the practice’s full fee.
  2. Collections = dollars actually received (insurance + patient).
  3. The ratio = collections ÷ production — target is typically 98%+ adjusted.
  4. The gap is write-offs + uncollected — split it to see which to fix.

Adjust production before judging the ratio. If you write off insurance discounts as part of production, raw collection looks low even with great cash habits — so most practices track adjusted production (full fee minus contractual write-offs) and aim for ~98%+ collection on that. A low adjusted collection ratio is a real AR problem; a low raw one may just be insurance discounting. Separate the two.

Try it: interactive demo

Live demo

Collections and production.

Collection ratio:

Variations

Adjusted collection

Net of write-offs:

=collections / (production - write_offs)

Write-off rate

Discount share:

=write_offs / production

Uncollected

The shortfall:

=production - write_offs - collections

Pitfalls & errors

Adjusted vs gross. Net out contractual write-offs for the meaningful ratio.

Same period. Collections lag production — compare comparable windows.

Zero production. No production gives #DIV/0!.

Practice workbook

📊
Download the free Production vs Collection Ratio practice workbook
A collection-ratio sheet with the adjusted, write-off, and uncollected variants, plus 4 challenges with answers. No sign-up required.

Frequently asked questions

How do I calculate the collection ratio in Excel?
Divide collections by production: =collections / production. $73,600 on $80,000 is 92%.
What's adjusted collection?
Collections over production net of contractual write-offs: =collections / (production - write_offs) — the meaningful target (~98%+).
Why is my collection ratio low?
Either heavy insurance write-offs (raw ratio) or an AR problem (adjusted ratio). Split them to know which.

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