> For the complete documentation index, see [llms.txt](https://docs.fairmarkit.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.fairmarkit.com/buyers/analytics/executive-overview/time-to-process.md).

# Time to Process

The Average Hours in Each Status report summarizes the average number of hours buyers took to move request for quote events between statuses. For more information on event statuses, see [Event status (Buyers).](/glossary/glossary/event-status-buyers.md)

<figure><img src="https://1711751134-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F95QWDcOsKn95Me8sE2RP%2Fuploads%2FS8EJv9W8r7HRt2YmxjCv%2Feo-time-to-process2_thumb_0_0.png?alt=media&amp;token=851b5da2-d30c-4b74-aa2a-91572dc7bd46" alt=""><figcaption></figcaption></figure>

### Average hours created to opened (green) <a href="#averagehourscreatedtoopenedgreen" id="averagehourscreatedtoopenedgreen"></a>

Displays the average number of hours between when a request for quote event was created and then moved to Opened status. Only events that have been in Opened status are included.

### Average hours opened to closed (blue) <a href="#averagehoursopenedtoclosedblue" id="averagehoursopenedtoclosedblue"></a>

Displays the average number of hours between when a request for quote event was in an Opened status and then moved to Closed status. Only events that have been in Closed status are included.

### Average hours closed to awarded (purple) <a href="#averagehoursclosedtoawardedpurple" id="averagehoursclosedtoawardedpurple"></a>

Displays the average number of hours between when a request for quote event was in an Closed status and then moved to Awarded status. Only events that have been in Awarded status are included.


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