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| Products/Services Breakdown | |
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| Financial Metrics | |
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| Salary & Compensation Statistics | |
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| Public Company Information | |
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2018 Market Analysis & Industry Outlook: Musical Instrument & Supplies Stores
Overview: the U.S. Musical Instrument & Supplies Stores Industry
This report provides answers to key questions about the industry:This report shows the total market size for the Musical Instrument & Supplies Stores industry, comprised of total revenues of both public and private companies over the last five years (2012-2017) and current year estimates.
The industry Outlook and Forecasts show how the Musical Instrument & Supplies Stores industry is heading over the next five years (2018-2022). Market forecasts account for historical growth, cyclical changes, and general economic outlook.
The Market Analysis section shows the five-year growth trends for Musical Instrument & Supplies Stores, year-by-year from 2012-2017.
Forecasts for 2018-2022 for the industry show the future growth and market opportunity for Musical Instrument & Supplies Stores companies.
The average number of employees and average revenue for a typical Musical Instrument & Supplies Stores company is charted over time for 2012-2017.
Track how many companies compete in the Musical Instrument & Supplies Stores industry, and how the number of companies has changed over the past five years.
Market Size & Industry Statistics
The total U.S. industry market size for Musical Instrument & Supplies Stores:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2013 2014 2015 2016 2017 2018* | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2018* | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Market Forecast ($ millions) | ||||||
| Projected Industry Growth Rate (%) | ||||||
Product & Services Breakdown
Research products and services in the Musical Instrument & Supplies Stores industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
|---|---|---|---|
Industry Total |
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Audio Equipment, Musical Instruments (New & Used), Radios, Audio Electronic Components, CDs, Records, Tapes, Audio Books, Sheet |
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Audio Equipment, Components, Parts & Accessories |
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Pianos & Organs, (New & Used) |
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Other New Or Used Musical Instruments & Accessories |
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Sheet Music & Related Items |
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All Nonmerchandise Receipts |
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Labor Charges For Work Performed By This Establishment |
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Rental Or Lease Of Musical Instruments |
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U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) | |
|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Musical Instrument & Supplies Stores company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Musical Instrument & Supplies Stores industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Musical Instrument & Supplies Stores measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 3% | Order at top of page |
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| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Sales and Related Occupations | 76% | |||
| Supervisors of Sales Workers | 8% | |||
| First-Line Supervisors of Sales Workers | 8% | |||
| First-Line Supervisors of Retail Sales Workers | 8% | |||
| Retail Sales Workers | 68% | |||
| Cashiers | 8% | |||
| Cashiers | 8% | |||
| Retail Salespersons | 59% | |||
| Retail Salespersons | 59% | |||
| Office and Administrative Support Occupations | 10% | |||
| Material Recording, Scheduling, Dispatching, and Distributing Workers | 5% | |||
Musical Instrument & Supplies Stores Industry Market Share [PREMIUM]
Largest companies in the industry and related industries, with private company revenue estimates.| Company | Address | Revenue Estimate |
|---|---|---|
Innovation News
Government Contracts
In 2016, the federal government spent a total of $1,636,685 on Musical Instrument & Supplies Stores. It has awarded 107 contracts to 26 companies, with an average value of $62,949 per company.Top government vendors:
| Company | Federal Contracts | Total Award Amount |
|---|---|---|
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