Industry Spotlight: Industrial Machinery & Equipment
August 5, 2008
From construction and farm machinery to oil & gas field machinery and equipment to engines and turbines, the 82 companies in this industry grouping of the credit standards index (CSI) design and manufacture the equipment and products needed to keep the world economy moving. Pfeiffer Vacuum Technology AG of Germany is No. 1 in credit standards in this industry grouping, the first time for a non-U.S. based company.
Bad debt allowance fell and days' sales outstanding (DSO) increased for industrial machinery & equipment. Read below as CreditPulse reports on benchmarks, bad debt percentages, securitization and more.
While Exxon, Shell and BP are among the most familiar names in the oil & gas industry, another industry exists that provides valuable support to those companies as well as the independent oil explorers. That industry is oil & gas equipment and services. Pioneer Drilling Company in San Antonio, Texas, once again, has the highest credit standards in the industry.
No other industry impacts our global economy more than oil and gas. From energy to manufacturing to distribution, very little gets done until the tank gets filled. In 2006, total revenues for the oil and gas industry group of the Credit Standards Index (CSI) exceeded $2.2 trillion. Read below as CreditPulse reports on the credit and accounting benchmarks for 22 of the largest crude oil and natural gas companies.
Modest cash flow, above averge debt and below average current ratio highlight the latest key credit benchmarks for companies in the paper and paper products industry, according to the latest data from the Credit Standards Index (CSI). Bad debt allowance and DSO remain strong in one of the world's core manufacturing industries.
Semiconductor companies moved toward greater efficiency as evidenced by the fall in two key credit and effeciency benchmarks -- days' sales outstanding (DSO) and bad debt allowance (BDA). Not suprisingly, profits rose, according to the latest data from the Credit Standards Index (CSI).
The DSO benchmark for wholesale distributors is slightly higher; bad debt allowance slightly lower, according to the latest data from the 2006 Credit Standards Index (CSI). Success in the wholesale distrubution business model depends on effeciency and standards. Find out which of the 61 companies in this closely monitored industry grouping have the highest and lowest effeciency and standards ratings.
