| | NOW AVAILABLE: Vertical Gap Analysis And Labor Productivity Benchmarks on The Spectranetics Corporation San Diego -- – Released today by ICON Group International Ltd.: Two of the most comprehensive studies to date on vertical gap analysis and labor productivity benchmarks for The Spectranetics Corporation (NAS: SPNC). The methodologist for this unique study is Philip Parker, Eli Lilly Chair Professor of Innovation, Business and Society at INSEAD (Fontainebleau, France and Singapore). According to Professor Parker, “With the globalization of markets, greater foreign competition, and the reduction of barriers to entry, it becomes all the more important to benchmark a company’s financial indicators on a worldwide basis. World stock markets have recently witnessed a return to fundamental financial analysis. ” The goal of the reports is to assist consultants, financial managers, strategic planners, and corporate officers in gauging certain indicators of The Spectranetics Corporation’s financial and human resource structure. The report has benchmarked The Spectranetics Corporation against competing firms in the Surgical, Medical and Dental Instruments and Supplies industry worldwide—going beyond traditional methods of company benchmarking. The results are two specialized reports: (1) global financial benchmarks using common-size statement ratios (vertical analysis), and (2) labor productivity and utilization measures collected across borders. Coverage
Two reports, financial ratios and labor productivity ratios, are available for The Spectranetics Corporation. Each report reveals productivity and industry ranks for The Spectranetics Corporation in the Surgical, Medical and Dental Instruments and Supplies industry. Reports for the following and many other Surgical, Medical and Dental Instruments and Supplies companies are available now: Arrow International, Inc. Baxter International, Inc. Becton, Dickinson and Company Biomet, Inc. Boston Scientific Corporation Coherent Incorporated Conmed Corpn Dentsply International Incorporated Diagnostic Products Corporation Guidant Corporation Healthsouth Corporation Hillenbrand Industries Incorporated Idexx Laboratories Incorporated Instrumentarium Corporation Invacare Corpn Medtronic, Inc. Mentor Corp. National Dentex Corporation Patterson Dental Co. Respironics, Inc. St. Jude Medical, Inc. STERIS Corporation Stryker Corporation Varian Medical Systems Incorporated The vertical analysis deals with questions like: How has The Spectranetics Corporation’s asset structure varied compared to global benchmarks for the Surgical, Medical and Dental Instruments and Supplies industry? Does it generally hold more cash and other short-term assets, or does it tend to concentrate its assets in physical plant and equipment? On the liability side, does The Spectranetics Corporation typically have a higher percent of payables compared to the benchmarks, or does it hold a higher concentration of long-term debt? Does The Spectranetics Corporation have a relatively higher cost of goods sold, operating costs, or income taxes compared to global benchmarks? Have The Spectranetics Corporation’s returns on equity been higher or its profit margins greater? While the labor productivity analysis answers the following: What has been the ratio of short-term and long-term assets to employee? What are typical capital-labor ratios? What are the average sales and net profits per employee compared to global benchmarks? Professor Parker notes, "We are intrigued by the wide variations in basic financial and productivity measures between The Spectranetics Corporation and other Surgical, Medical and Dental Instruments and Supplies companies. The Earnings Before Interest And Taxes (EBIT), for example, varied from -31.32 to 30.54. We see this type of variation in the hundreds of ratios that we estimate.” Methodology: Uncovering Gaps
Most vertical analyses merely focus on benchmarking against domestic ratios, often published by government agencies or commercial sources. In contrast, ICON Group International Ltd. calculates thousands of industry norms by looking at firms at the global level, pooling statistics on tens of thousands of companies across over 40 countries, and applying a seven-stage methodology: (1) identification of industry classifications, (2) firm-level data collection and aggregation, (3) standardization of raw statistics, (4) filtering outliers, (5) calculation of global norms, (6) projection of deviations and gaps, and (7) projection of ranks and percentiles. For each part of the financial statement, the larger structural differences and gaps between The Spectranetics Corporation. and the global benchmarks are provided with summary tables of ranks and percentiles. Previously available only through booksellers such as Hoovers, Amazon.com, and Barnes and Noble, two studies are now available direct from the publisher at a 50% discount off the cover price. This special offer includes International Competitive Benchmarks and Financial Gap Analysis and Labor Productivity Benchmarks and International Gap Analysis at US$ $420 ($210) each. E-mail for more information. FINANCIAL BENCHMARKS Audience: designed for financial managers, directors, CFOs, strategic planners Price: $210 Pages: 108 pp Published: Table of Contents About the Author(s) Methodology/Excerpt (free to view) Order Via Fax Order Online LABOR BENCHMARKS Audience: designed for productivity managers, HR directors, strategic planners Price: $210 Pages: 90 pp Published: Table of Contents About the Author(s) Methodology/Excerpt (free to view) Order Via Fax Order Online About ICON Group Ltd. ICON Group Ltd. assists managers with global benchmarking, gap analysis, and productivity studies. Clients can create their own benchmarks by choosing their competitors from among over 20,000 companies. CONTACT: Orders & Customer Service ICON Group International, Inc. 7404 Trade St. San Diego, CA 92121 USA Fax: 858-635-9414 E-mail: Link: http://www.icongrouponline.com/PR/The_Spectranetics_Corporation_US/PR.html - Additional links you may find of interest:
Important Disclaimer: This report was not prepared on behalf of or for The Spectranetics Corporation. Please refer to alternative information sources on The Spectranetics Corporation for the following: company financials (quarterly reports, annual report, forecasting, analyst reports, stock filing history, investor reports and relations, SEC or EDGAR documents, 10K, 10Q, articles, news press releases, projections, predictions, forecasts), products or services (warranty, guarantee, credit, equipment, accessory or accessories, service, repair or repairs, rebates or rebate policy, product discount or discounts, part or parts supply, price or prices, book value or valuation, logo design), personnel information (jobs, careers, career training, job placement, employment, human resources department, employee compensation or salaries, salary policy, benefit policies for employees, university benefits, credit union benefits), finding corporation location or contact information (map, company mail, mailing street address, corporate investor contacts, website web site, email search, e-mail addresses, regional offices, dealers list, distributors listing, stores directory, outlets, contact names, CFO, CEO, COO, CIO, CTO, HR, office manager, people, welcome, conference, etc.), geographic or production locations (e.g. USA, UK, Canada, Europe, Asia, Africa, China), legal structure or business activity (corporation, incorporated, company, partner, partnership, partnerships, alliances, limited liability, corp., inc, ltd, co, lawsuit or lawsuits), management plans (marketing strategy or strategic intelligence). ICON reports do not comment on any of the above. |  |