benchmarking data

What are KPIs and which ones matter?

Management needs timely, accurate feedback to guide operating decisions, anticipate problems and take advantage of emerging opportunities. Unfortunately, comprehensive financial statements take a long time to generate. Reporting key performance indicators (KPIs) on a monthly or weekly basis is a simplified alternative to gauge performance in real time. Popular Financial

2022-02-08T14:36:41-07:00February 8th, 2022|

Why Normalizing Adjustments are Essential to Benchmarking

Financial statements aren’t particularly meaningful without a relevant basis of comparison. There are two types of “benchmarks” that a company’s financials can be compared to — its own historical performance and the performance of other comparable businesses. Before you conduct a benchmarking study, however, it’s important to make normalizing adjustments

2021-04-12T14:54:14-06:00May 4th, 2020|

Benchmarking Financial Performance

You already may have reviewed a preliminary draft of your company’s year-end financial statements. But without a frame of reference, they don’t mean much. That’s why it’s important to compare your company’s performance over time and against competitors. Conduct a well-rounded evaluation A comprehensive benchmarking study requires calculating ratios that

2021-04-12T14:54:36-06:00January 27th, 2020|

Manage Your Working Capital

Working capital is calculated as the difference between a company’s current assets and current liabilities. For a business to thrive, working capital must be greater than zero. A positive balance enables the company to meet its short-term cash flow needs and grow. And, too much working capital can be a

2021-04-12T14:54:37-06:00December 17th, 2019|

Benchmarking Receivables

Accounts receivable represents a major asset for many companies. But how do your company’s receivables compare to others? Here’s the skinny on receivables ratios, including how they’re computed and sources of potential benchmarking data. Starting point A logical starting point for evaluating the quality of receivables is the days sales

2021-04-12T14:58:03-06:00May 12th, 2017|
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