Collection Agency Financial Benchmark Report 2012

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Published Fall 2012
 

This report is fully updated to include data for all of 2011, in addition to historical data since 2007. Note: All data is aggregated within categories listed below. There is no specifically identifiable data on any individual firm. 

Financial Data On More than 2,400 Agencies

Information is drawn from NAICS classification code 561440 and covers 2,460 collection agencies, across eight size categories with revenues ranging from under $500,000 to $50-$100 million.   

The first section of this report provides an overview of the data across all size categories. The second section includes five years of detailed data points (2007 through 2011) for each size category separately. The overview section displays a comparison across all company sizes of the average for the five years, as well as the most recent data (from 2011).

Data Gathered From Numerous Government & Private Sources

BizMiner was able to obtain at least some data from 2,460 corporate firms in the collection industry. They do not have complete financial statement from all firms but use a number of full statements, and pieces of other statements to develop their financial profiles. They obtain information from a variety of private sources, including business directories and credit reporting agencies, as listed in their resources section at http://www.bizminer.com/resources/technical/our-data.php.

Raw data analyzed for BizMiner reports is sourced from an array of the nation's government and private statistical sources. None of these raw data sources creates the final measures reflected in BizMiner industry profiles. In total, BizMiner accesses over a billion sourced data points from eighteen million business operations for each of its twice annual updates covering a 3-5 year time series. Historical data and BizMiner algorithms are used to inform and test projections for non-reporting firms.

Data elements are sourced specifically from:

• IRS SOI Corporation Income Tax Returns
• IRS SOI Corporation Tax Book
• IRS SOI 1040 Schedule C Income Tax Returns
• IRS SOI Statistics of Income- Individual Tax Statistics
• US Economic Census of Manufactures
• US Census Economy Overview
• US Census Annual Survey of Manufactures
• US Census Annual Retail Trade Survey
• US Census Annual Wholesale Trade Survey
• US Census Quarterly Financial Reports
• US Census County Business Patterns
• Bureau of Labor Statistics Monthly Employment Reports
• Bureau of Labor Statistics Monthly Unemployment Reports
• US Census Wholesale Trade Report
• US Census Quarterly (New Housing) Sales by Price and Financing
• US Census Total Construction Spending
• US Census Retail Trade Report
• US Census Quarterly Services Survey
• Commercial Real Estate Survey
• Credit Reporting Agencies
• Business Directories

While 100% firm coverage is desirable for analysis purposes, the greatest value of BizMiner reports rests in discerning patterns of activity, which are reflected in the large samples used to develop our reports.

The overall current coverage of the databases surpasses 13 million active business operations at any point in time. As is the case with any databases this large, some errors are inevitable. Some firms are missed and specific information on others is lacking from the database. Not all information received is uniform or complete, resulting in the need to develop projection algorithms for specific industry segments and metrics in some report series.

No representation is made as to the accuracy of the databases utilized or the results of subsequent analyses. Neither the Brandow Company nor its resellers has undertaken independent primary research to confirm the accuracy of the data utilized in the Profile analyses. Neither the Brandow Company nor its resellers are responsible for conclusions drawn or decisions made based upon this data or analysis. In no event will the Brandow Company or its resellers be liable for any damages, direct, indirect, incidental or consequential resulting from the use of the information contained in BizMiner reports.

Here's What's in the Table of Contents

You'll Get the Following Financial Analysis Profile Data For Each Size Category

Note:  All data is aggregated within categories listed above. There is no specifically identifiable data on any individual firm.

Income and Expense - Profit and Loss (by both $ and %)

• Cost of Sales
• Gross Margin
• Officers Comp
• Salary-Wages
• Rent
• Taxes Paid
• Advertising
• Benefits-Pensions
• Repairs
• Bad Debt
• Other SG&A Exp.
• EBITDA
• Amort-Deprec-Depl
• Operating Expenses
• Operating Income
• Interest Income
• Interest Expense
• Other Income
• Pre-Tax Net Profit
• Income Tax
• After Tax Net Profit
• Balance Sheet (by $ and %)

Assets

• Cash
• Receivables
• Inventory
• Other Current Assets
• Total Current Assets
• Net Fixed Assets
• Other Non-Current Assets
• Total Assets

Liabilities

• Accounts Payable
• Loans/Notes Payable
• Other Current Liabilities
• Total Current Liabilities
• Total Long Term Liabilities
• Net Worth

Financial Ratios: Cash Flow-Solvency

• Accounts Payable: Business Revenue (%)
• Current Liabilities: Inventory (%)
• Current Liabilities: Net Worth (%)
• Current Ratio (%)
• Days Payable (%)
• Quick Ratio (%)
• Total Liabilities: Net Worth (%)

Financial Ratios: Profitability

• EBITDA: Business Revenue (%)
• Pre-Tax Return on Assets (%)
• Pre-Tax Return on Net Worth (%)
• Pre-Tax Return on Business Revenue (%)
• After Tax Return on Assets (%)
• After Tax Return on Net Worth (%)
• After Tax Return on Business Revenue (%)

Financial Ratios: Efficiency-Debt-Risk

• Assets: Business Revenue
• Cost of Sales: Accounts Payable
• Cost of Sales: Inventory
• Days Inventory
• Days Receivables
• Days Working Capital
• EBITDA: Interest Expense
• Fixed Assets: Net Worth
• Gross Margin: Business Revenue
• Net Working Capital: Business Revenue

Financial Ratios: Turnover

• Cash Turnover (x)
• Current Asset Turnover
• Fixed Asset Turnover
• Inventory Turnover (x)
• Receivables Turnover (x)
• Total Asset Turnover (x)
• Working Capital Turnover (x)

Fixed Asset Detail

• Gross Fixed Assets
• Accumulated Deprec-Amort-Depl
• Net Fixed Assets
• Gross Fixed Assets
• Acumulated Deprec-Amort-Depl
• Net Fixed Assets

You simply won't find this level of detail on this many collection agencies anywhere else!