How to get execution time of an AppleScript?

Here is one AppleScript solution that you may be interested in.

set startTime to current date

-- Your Code Here

set timeTaken to ((current date) - startTime as string) & " Seconds"

activate
display alert "Script Timer" message "Running This Code Took " & ¬
    timeTaken buttons {"OK"} giving up after 5

This is just a general solution which will return the value in seconds (whole). This will not return fractions of seconds.