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Sovereign Benchmarks

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The CreditPulse national benchmarks are annually revised benchmarks for select nations of the world based on audited financial data for publicly-traded companies in each nation with a minimum market capitalization of $100 million that extend trade credit.  Most companies used for benchmarking in each nation have an ADR listing on the New York Stock Exchange and most are part of the Credit Standards Index (CSI).

The 2006 national benchmarks for 22 countries and two overseas territories in Europe, Asia, and the Americas are provided below:

2006 International Aggregate Benchmarks
271 global companies (U.S. excluded)

Bad Debt Allowance - 6.4%
DSO - 57.04 days
Ops Cash as % of Revenue - 20.4%
Current Ratio - 1.90:1
Debts to Assets - .51:1

 

Argentina - United States

Argentina
5 companies

Bad Debt Allowance - 13.3%
DSO - 40.09
Ops Cash as % of Revenue - 34%
Current Ratio - 0.85
Debts to Assets - 0.66

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