This report, our fourth in a series of articles on activity based business analysis and performance for US gases and welding distributors, examines distribution costs and improving distribution efficiency through Activity Based Costing (ABC).
After an exceptionally good 2008, first quarter 2009 results of the main industrial gas companies in Latin America began to show the effect of the global slowdown in the region, and the exchange rate variations that followed.
This article examines Activity Based Accounting (ABA) for industrial gas distributors. In its broadest terms, ABA involves identifying profitability drivers, including those for revenues and costs, and assigning them to specific physical and business activities.
The Bottom Line is net profit that is arrived at by subtracting all costs and expenses from revenue. It represents profit for the year and it is usually the last line of an income statement.
Government mandates that have reduced the maximum allowable sulfur content of motor fuels have necessitated the costly installation of additional hydrodesulfurization (HDS) capacity at many refinery locations.
OVERALL RESULTS Favored by the strong growth of the world economy, record high commodity prices, and healthy internal consumption, industrial gas company sales in Latin America grew at double digit rates in the first nine months of 2008. The financial...
I had the pleasure of speaking at the GAWDA Eastern Zone regional meeting in October of 2008 at the Hampden Country Club in Hampden, Massachusetts. At this meeting I shared my thoughts on some of the potential impacts the current...
