Home › Credit Standards Index

Industry Profiles

Recent Articles

Shipping Industry Credit Benchmarks

January 12, 2011

Credit risk benchmarks for the shipping industry, one of 69 industries included in the Credit Standards Index (CSI), remain high despite credit shortages and fewer customers.  Average liquidity jumps 20 percent.

One of the industries affected the most by the recent global recession is the shipping industry -- a collection of global companies that specialize in transporting everything from cargo containers to crude oil over the world's oceans.  Read below as CreditPulse reports the latest credit and accounting benchmarks for the shipping industry.

view

Air Delivery & Freight Industry DSO Rises

November 19, 2010

The global economic recession took a major toll on air cargo companies and brokerage firms in 2009 as all but one of the 13 companies in this industry group reported a drop in annual revenue. 

Air delivery and freight credit standards dipped slightly in 2009 as the industry recorded a standards rating of 3.03, an increase from the 2008 rating of 2.98, according to the latest data from the Credit Standards Index (CSI).  Read below as CreditPulse analyzes and reports the latest benchmarks for air delivery and freight.

view

Software Industry DSO Improves But Liquidity Declines, Debt Rises

December 28, 2009

Software technology companies continue to generate revenue growth even as equity capital, long a key source of liquidity for the industry, becomes more scarce. Get the latest credit benchmarks and company rankings for the 122-company software industry group.

The days' sales outstanding, a key credit benchmark that measures in days the amount of time necessary for a company to turn its revenue into cash, improved significantly by 4.71 days in 2008 from the previous year, according to the latest benchmark data from the Credit Standards Index (CSI).

view

Utilities DSO Improves But Debt Remains High, Cash Drops

November 10, 2009

Few industries face greater dangers during a recession than the utilities industry, which ranks fifth out of 70 CSI industry groups with the highest debts-to-assets ratio.  Find out which ones are on solid ground and which ones may be in quicksand in this CSI industry profile.

The days' sales outstanding for the 60-company utilities industry decreased by almost one full day when unbilled revenue is included from the 2007 figure and 1.62 days from the 2007 figure when unbilled revenue is not included in the DSO calculation.

view

Mining & Quarrying Industry DSO Drops, Bad Debt Allowance Remains Low

January 21, 2009

The credit standards for the 26 companies in the mining and quarrying industry are the fourth highest in the Credit Standards Index (CSI) and serve as an example that other industries would be wise to follow.

The five core credit and accounting benchmarks for the mining & quarrying industry remained steady with the exception of two: the days' sales outstanding (DSO) and current ratio benchmarks, which both moved in opposite directions.  Read below as CreditPulse provides an in-depth look at this fascinating industry.

view