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Translation and Interpretation Services Industry Research
Research Contents
Market Size
Income Statement
Financial Ratios
Salaries Government Contracts Related Industries Geographic Distribution
Salaries Government Contracts Related Industries Geographic Distribution
Overview:
The report on the Translation and Interpretation Services Industry gives information on the current state and trends across the U.S. Market research statistics show growth and changes affecting companies in the industry.
This industry consists of companies that are translating written material and interpreting speech from one language to another and companies that are providing sign language services.
Market Size - Translation and Interpretation Services
The five year growth rate for the Translation and Interpretation Services industry is: x%| Metrics | 2003 2004 2005 2006 2007 2008 2009E | |
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| Market Size |
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Income Statement (Average Financial Metrics) - Translation and Interpretation Services
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| Total Revenue | AVAILABLE Included in Report Order at top of page |
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Financial Ratio Analysis - Translation and Interpretation Services
Ratios allow you to compare how a business is performing against its peers in the Translation and Interpretation Services industry.| Liquidity Ratios - Translation and Interpretation Services Industry | Industry Average |
|---|---|
| Liquidity Ratios measure how liquid a business is. Bankers and suppliers may use these 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. |
Included |
| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Translation and Interpretation Services Industry | Industry Average |
|---|---|
| Efficiency Ratios measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low compared to the industry average, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
Included |
| Average Collection Period Based on the Receivables Turnover Ratio, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover Ratio |
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| Inventory Turnover Ratio 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 Ratio Generally, a higher ratio is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
Included |
Source: Analysis of IRS tax returns
Distribution of Employees by State
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Move mouse over states to see employment numbers
Note: Round numbers are estimates. Precise numbers are actuals.
Source: US Census
Salary Information for Employees Working in Translation and Interpretation Services
| Title | Percent of Workforce | Bottom Quartile | Average (Median) | Upper Quartile |
|---|---|---|---|---|
| Management occupations | 3% | $63,830 | $96,950 | $0 |
| Chief executives | 0% | $118,370 | $0 | $0 |
| General and operations managers | 1% | $62,630 | $98,030 | $0 |
| Arts, design, entertainment, sports, and media occupations | 10% | $19,560 | $28,200 | $43,130 |
| Photographers | 8% | $18,460 | $24,430 | $36,580 |
| Healthcare practitioners and technical occupations | 20% | $25,730 | $35,670 | $67,730 |
| Veterinarians | 8% | $58,440 | $75,220 | $99,080 |
| Veterinary technologists and technicians | 12% | $22,350 | $27,520 | $33,310 |
| Healthcare support occupations | 11% | $17,080 | $20,230 | $24,470 |
| Veterinary assistants and laboratory animal caretakers | 11% | $17,070 | $20,200 | $24,430 |
| Office and administrative support occupations | 32% | $19,250 | $24,510 | $31,640 |
| Interviewers, except eligibility and loan | 9% | $17,970 | $22,510 | $29,650 |
| Receptionists and information clerks | 7% | $18,890 | $22,640 | $27,230 |
Government Contracts Related to Translation and Interpretation Services
In 2008, the federal government spent a total of $846,174,925 on Translation and Interpretation Services. It has awarded 2,143 contracts to 337 companies, with an average value of $2,510,905 per company.Related Companies
| Company | Address | Key Contact |
|---|---|---|
| BIOSCRIP, INC. | Po Box 1167, Great Bend, KS 67530 | Barry Posner |
| BC INTERNATIONAL GROUP, INC. | 922 Riverview Dr, Totowa, NJ 75121 | Savvy Asprou |
| ABT ASSOCIATES INC. | 55 Wheeler St, Cambridge, MA 21381 | |
| TRANSPERFECT TRANSLATIONS INTERNATIONAL, INC. | 3 Park Ave Fl 39, New York, NY 10020 | Roy Trujillo |
| SOS INTERNATIONAL, LTD | 40 Fulton Street 26th Floor, New York, NY 10040 | Sosi Setian |
| ACCLAIM TECHNICAL SERVICES | 101 Main St Ste 230, Huntington Beach, CA 92650 | Kimm Sharp |
| OMNI LINGUAL SERVICES, INC. | 4353 Park Terrace Dr, Westlake Village, CA 91360 | George Ulmer |
| ARBITRON INC. | 9705 Patuxent Woods Dr, Columbia, MD 21050 | Melissa Stay |
| METROPOLITAN COMPANIES, INC. | 110 E 42nd St Rm 802, New York, NY 10020 | Steven Herfield |
| STARWERT SATELLITE, INC. | 580 Pronghorn Trail, Bozeman, MT 59720 | '(c' '41 |
Related News
- Lionbridge Awarded Contract by Department of Homeland Security for Over the Phone Interpretation Services; Expects ... (redOrbit)
WALTHAM, Mass., March 8 /PRNewswire-FirstCall/ -- Lionbridge (Nasdaq: LIOX), today announced that the United States Department of Homeland Security (DHS), US Citizenship and Immigration Services has selected Lionbridge as its provider for over-the-phone interpretation services. - Lionbridge Awarded Contract by Department of Homeland Security for Over the Phone Interpretation Services; Expects ... (PR Newswire via Yahoo! Finance)
Lionbridge , today announced that the United States Department of Homeland Security , US Citizenship and Immigration Services has selected Lionbridge as its provider for over-the-phone interpretation services. ? The contract includes one base year with four option years. ? ? - Albert Einstein Healthcare Network Awards Language Services Associates Three-Year Contract for Telephonic ... (Business Wire via Yahoo! Finance)
HORSHAM, Pa.----Language Services Associates , a leading language services provider offering a full suite of interpretation and translation solutions, announced today it has been awarded a three-year contract by Albert Einstein Healthcare Network to provide Over-the-Phone Interpreting services. - Interpreters Unlimited Provides New Path for Economic Growth (PR Newswire via Yahoo! Finance)
Interpreters Unlimited, one of California's largest full service interpretation and translation companies, has become the first in its industry in the United States to offer a licensing program. - Language Line Services Awarded Interpretation Services Contract by United States Department of Homeland Security (PR Newswire via Yahoo! Finance)
Language Line Services, the leading provider of over-the-phone and video interpretation services, today announced it has been selected by U.S. Citizenship and Immigration Services within the Department of Homeland Security as one of the agency's providers of interpreters for Asylum Division adjudications nationwide. - Northgate Reports Record Cash Flow from Operations in 2009 (MalaysiaNews.net)
Record Gold Production of 362,398 Ounces Achieved Notice: Conference Call and Webcast Today at 10:00 am ET Dial in: +647-427-7450 or 1-888-231-8191 TSX NGX NYSE AMEX NXG - LiveWire Mobile Announces Financial Results for the Quarter Ended December 31, 2009 (Business Wire via Yahoo! Finance)
LITTLETON, Mass.----LiveWire Mobile, Inc. , a world leader in ringback, mobile music and managed personalization services, today announced preliminary financial results for the fourth quarter ended December 31, 2009: Company delivers highest level as a stand-alone entity of adjusted EBITDA and GAAP profitability for the quarter ended December 31, 2009: Adjusted EBITDA of $0.8 million Income from ... - Northgate Reports Record Cash Flow from Operations in 2009 (PR Newswire via Yahoo! Finance)
427-7450 or 1-888-231-8191 - Parkland Hospital Turns To Interpreter Hotlines (CBS 11 Dallas - Fort Worth)
Dr. Barton Giessel presses on spots down Maria del Rosario Gomez's back while talking into the speaker of a cordless telephone to ask where it hurts. A man's voice spills out from the phone, posing the question to Gomez in Spanish and then relaying her response in English. "The pain goes to the left breast," the interpreter on the phone says, as if he were the patient. After her consultation ... - Hospitals turning to medical interpreter hot lines (ABC 13 Houston)
On-the-spot interpreters are accessible through about 1,000 cordless, headset and dual-handset devices at the Dallas hospital
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