Script section containing code for Liveperson Chat Solution

Hoover's - A D&B Company - We Make It Easier
Hoovers > Companies > Ritchie Bros. Auctioneers Incorporated > Ritchie Bros. Auctioneers Incorporated Business Reports

Ritchie Bros. Auctioneers Incorporated Business Reports

Ritchie Bros. Auctioneers Incorporated Overview

Address

9500 Glenlyon Pkwy. Burnaby, 
BC V5J 0C6 Canada
Phone: +1-778-331-5500
Fax:+1-778-331-5501
Toll Free:800-428-9264

Company Description

Forget JFK's desk. Ritchie Bros. Auctioneers handles bids for the truck that hauled it. Its "unreserved" auctions (no minimum bids or bids from the seller or auctioneer) include equipment used in the agricultural, construction, forestry, mining, and transportation industries. One of the world's largest industrial auctioneers, the company holds more than 336 auctions a year in 110 offices throughout Asia, Australia, Europe, Central America, the Middle East, and North America.  Ritchie Bros., which receives a percentage of the sale price, also provides translation services and arranges for finance companies to be present at its auctions. The company was established in 1963.

Ritchie Bros. Auctioneers Incorporated Company Profile Report

Purchase Report
 
$69

Hoover's industry experts provide proprietary editorial analysis supplemented with content from multiple data sources to bring you the Company Profile Report. The depth of each report varies, so be sure to view the sample and review the report contents listed next.

 

Sections Included in Report

  • Company Overview
  • Company Description
  • People
  • Biographies
  • Industry Information
  • Financial Summary
  • Annual Income Statement
  • Quarterly Cash Flow
  • Annual Balance Sheet
  • Quarterly Balance Sheet
  • Annual Cash Flow
  • Quarterly Income Statement
  • Earning Estimates
  • Financial Market Data
  • Historical Financials
  • Competitors List
  • Competitive Landscape

Company Profile Report Highlights

  • Company Description

    Quickly grasp how a company operates and understand its current business environment.

  • Industry Information

    Identify the often times disparate industries a company does business in, and find the corresponding SIC and NAICS codes.

  • Biographies

    Learn the background and technology interests of the company's executives, to better understand possible growth directions.

  • Company History

    When you want to know where a company is going, you'll be helped by first knowing where it's been. Use this to get up to speed on a company's history.

  • Key People

    Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you are sure to talk to the right contact.

  • Company Financials

    Review key financial information to gauge health and growth potential.

Company Profile Report

Purchase Report
 
$69

    Choose below from the available Industry Reports related to 

  • Wholesale Sector Industry Report
  • Retail Sector Industry Report
  • Industrial Equipment Wholesalers Industry Report

Wholesale Sector Industry Report

Purchase Report
 
$129

Overview

The wholesale distribution industry in the US includes about 300,000 companies with combined annual sales of about $5 trillion. Large distributors include SYSCO (foods); McKesson (drugs); and Avnet (electronics). Distributors specialize by product. The industry is highly fragmented: the 50 largest distributors generate about 25 percent of industry revenue.

SIC: 5012, 5013, 5014, 5015, 5021, 5023, 5031, 5032, 5033, 5039, 5043, 5044, 5045, 5046, 5047, 5048, 5049, 5051, 5052, 5063, 5064, 5065, 5072, 5074, 5075, 5078, 5082, 5083, 5084, 5192, 5193, 5194, 5198, 5085, 5087, 5088, 5091, 5092, 5093, 5094, 5099, 5111, 5112, 5113, 5122, 5131, 5136, 5137, 5139, 5141, 5142, 5143, 5144, 5145, 5146, 5147, 5148, 5149, 5153, 5154, 5159, 5162, 5169, 5171, 5172, 5181, 5182, 5191

NAICS: 424480, 424490, 424510, 424520, 424590, 424610, 424690, 424710, 424720, 424810, 424820, 424910, 424920, 424930, 424940, 424950, 424990, 425110, 423310, 423320, 423330, 423390, 423410, 423420, 423430, 423440, 423450, 423460, 423490, 423510, 423520, 423610, 423620, 423690, 423710, 423720, 423730, 423740, 423810, 423820, 423830, 423840, 423850, 423860, 423910, 425120, 423110, 423120, 423130, 423140, 423210, 423220, 423920, 423930, 423940, 423990, 424110, 424120, 424130, 424210, 424310, 424320, 424330, 424340, 424410, 424420, 424430, 424440, 424450, 424460, 424470

 

Sample Questions & Answers

How do changes in interest rates affect the company's profits?

Because many distributors finance their inventories, they're sensitive to interest rates. On average, distributors hold inventory equal to 35 days sales, but machinery distributors may hold products for more than 50 days. Food and petroleum product...

 

How much business has the company lost due to retailers buying directly from manufacturers?

Big retailers like Wal-Mart, Home Depot, and Costco buy much of their merchandise directly from manufacturers, bypassing distributors. Because they buy in large quantity and operate their own warehouse systems, these retailers don't need distributors.

 

To read this full Call Prep Question and others, purchase the full report.

 

General Report Description

Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

 

Sections Included in Report

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

    Industry Report Highlights:

    • Recent Developments

      Stay up to date on crucial industry news that may affect your strategy.

    • Trends & Opportunities

      Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

    • Call Preparation Questions

      Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

    • Industry Forecast

      Identify growth and integrate projections in your own business planning.

    • Business Challenges

      Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

    • Executive Insight

      Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

    • Financial Information

      Increase your credibility and support your presentations by adding verifiable industry metrics.

    • Web Links & Acronyms

      Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

    Wholesale Sector Industry Report

    Purchase Report
     
    $129

    Retail Sector Industry Report

    Purchase Report
     
    $129

    Overview

    The US retail industry includes about 1 million outlets with combined annual revenue of about $4 trillion. Major companies include Wal-Mart, Home Depot, Kroger, Costco, and Target. While large companies dominate some retail sectors (such as mass merchandisers and grocery stores), other sectors (such as auto dealers and convenience stores) are fragmented. Many specialty retailers are single-store operations.

    SIC: 5983, 5984, 5989, 5992, 5993, 5994, 5995, 5999, 7389, 5211, 5231, 5251, 5261, 5271, 5311, 5331, 5399, 5411, 5421, 5431, 5441, 5451, 5461, 5499, 5511, 5521, 5531, 5541, 5551, 5561, 5571, 5599, 5611, 5621, 5632, 5641, 5651, 5661, 5712, 5713, 5714, 5722, 5731, 5734, 5735, 5736, 5912, 5921, 5932, 5941, 5942, 5943, 5944, 5945, 5946, 5947, 5948, 5961, 5962

    NAICS: 445299, 445310, 446110, 446120, 446130, 446191, 446199, 447110, 447190, 448110, 448120, 448130, 448140, 448150, 448190, 448210, 448310, 454319, 454390, 448320, 451110, 451120, 451130, 451140, 451211, 451212, 451220, 452111, 452112, 452910, 452990, 453110, 453210, 453220, 453310, 453910, 453920, 453930, 453991, 453998, 454111, 454112, 454113, 454210, 454311, 454312, 441110, 441120, 441210, 441221, 441222, 441229, 441310, 441320, 442110, 442210, 442291, 442299, 443111, 443112, 443120, 443130, 444110, 444120, 444130, 444190, 444210, 444220, 445110, 445120, 445210, 445220, 445230, 445291, 445292

     

    Sample Questions & Answers

    How sensitive is the company's business to the economy?

    Economic factors, including personal income, consumer confidence, job growth, and interest rates, can greatly affect consumer spending and the retail sector. During recessionary periods, retail sales growth can slow drastically and even decline.

     

    How does the company compete with large retailers?

    In many retail segments, large companies dominate and hold the majority of the market. Even specialty retailers in fragmented markets must compete with mass merchandisers and warehouse clubs that offer a smaller selection of comparable merchandise at...

     

    To read this full Call Prep Question and others, purchase the full report.

     

    General Report Description

    Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

     

    Sections Included in Report

    • Industry Overview
    • Quarterly Industry Update
    • Business Challenges
    • Trends and Opportunities
    • Call Preparation Questions
    • Financial Information
    • Industry Forecast
    • Website and Media Links
    • Glossary of Acronyms

      Industry Report Highlights:

      • Recent Developments

        Stay up to date on crucial industry news that may affect your strategy.

      • Trends & Opportunities

        Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

      • Call Preparation Questions

        Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

      • Industry Forecast

        Identify growth and integrate projections in your own business planning.

      • Business Challenges

        Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

      • Executive Insight

        Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

      • Financial Information

        Increase your credibility and support your presentations by adding verifiable industry metrics.

      • Web Links & Acronyms

        Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

      Retail Sector Industry Report

      Purchase Report
       
      $129

      Industrial Equipment Wholesalers Industry Report

      Purchase Report
       
      $129

      Overview

      The US industrial equipment wholesalers industry consists of about 25,000 companies with combined annual revenue of about $145 billion. Major companies include MSC Industrial and the wholesale operations of manufacturers such as General Electric and NACCO Materials Handling Group. The industry is highly fragmented: the 50 largest companies account for about 25 percent of industry revenue.

      SIC: 5084

      NAICS: 423830

       

      Sample Questions & Answers

      What is the outlook for demand in the company's customer markets?

      Demand for industrial machinery is linked to overall manufacturing activity and the particular customer industries distributors serve. Demand can fluctuate rapidly during economic peaks or lulls, even more than the economy as a whole. For example, US...

       

      What percentage of the company's products is imported?

      Foreign manufacturers are supplying a larger share of the US market for industrial machinery. Many US wholesalers lack the resources and knowledge to participate in the import market, which may involve foreign trade shows, buying offices, and...

       

      To read this full Call Prep Question and others, purchase the full report.

       

      General Report Description

      Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

       

      Sections Included in Report

      • Industry Overview
      • Quarterly Industry Update
      • Business Challenges
      • Trends and Opportunities
      • Call Preparation Questions
      • Financial Information
      • Industry Forecast
      • Website and Media Links
      • Glossary of Acronyms

        Industry Report Highlights:

        • Recent Developments

          Stay up to date on crucial industry news that may affect your strategy.

        • Trends & Opportunities

          Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

        • Call Preparation Questions

          Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

        • Industry Forecast

          Identify growth and integrate projections in your own business planning.

        • Business Challenges

          Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

        • Executive Insight

          Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

        • Financial Information

          Increase your credibility and support your presentations by adding verifiable industry metrics.

        • Web Links & Acronyms

          Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

        Industrial Equipment Wholesalers Industry Report

        Purchase Report
         
        $129

        Ritchie Bros. Auctioneers Incorporated Overview

        Top 3 Competitors

        Company: ADESA, Inc.
        Location: Carmel, IN

        Company: Case Dealer Holding Company LLC
        Location: Sacramento, CA

        Company: Columbus Fair Auto Auction
        Location: Columbus, OH

        Industries where Ritchie Bros. Auctioneers Incorporated Competes

        Auctions
        Read More

        Retail Sector
        Read More

        Industrial Equipment Wholesalers
        Read More

        Wholesale Sector
        Read More

        Competitive Landscape Brief

        Demand is driven largely by the construction needs of companies and governments and the desire of industrial customers to improve the efficiency of operations. Profitability depends on the ability to accurately predict costs for a project. Small firms, which can effectively compete with larger ones by having expertise in a particular field, are often hired as consultants on larger projects if they have special expertise. Large firms are advantaged in designing and managing large projects.

        Ritchie Bros. Auctioneers Incorporated Competitive Landscape

        Purchase Report
         
        $69

        Providing a complete view of how this company and its competitors stack up against one another, the Competitive Landscape report includes benchmarks on over 30 parameters related to sales, employees, market cap, profitability, and growth. Exclusive to Hoover's, this landscape can be used to conduct competitive analysis, inform corporate strategy, and identify trends.

         

        Sections Included in Report

        • Key Numbers
        • Profitability
        • Valuation
        • Operations
        • Financial Ratios
        • Per Share Data ($)
        • Growth Statistics
        • *Data provided for 3 to 30 competitors

          Company Landscape Report Highlights

          • Competitors List

            Identify specific primary and secondary competitors, allowing you evaluate the chances of successfully introducing new products.

          • Competitive Landscape

            Access detailed financial metrics on a company's top competitors, so you can quickly determine their relative health and add credibility-boosting quantitative data to your presentations.

          Competitive Landscape Report

          Purchase Report
           
          $69