interfirm comparison


Also found in: Financial.

interfirm comparison

a technique for assessing the financial profitability of a veterinary practice by comparing it on the basis of a number of criteria with other practices in similar situations. The practices are rated according to their performance in each area, e.g. percentage of potential income written off as bad debts, percentage of annual income on the sundry debtors ledger.
References in periodicals archive ?
When interest paid is added to the standard measure of OCF, better interfirm comparisons of profitability between firms having different debt structures are obtained.
5) Extensive attention to detail and consistency, backed up by a formal verification of individual results before interfirm comparisons are made.