Using commercial share of wallet to rate business prospects
First Claim
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1. A method comprising:
- modeling, by a financial assessment computer-based system, industry spending patterns, wherein the modeling is based on cardable operating expenses, a cost of goods sold, operating expenses and a cardable operating expenses ratio, and wherein the computer-based system comprises a computer processor and a tangible, non-transitory memory, wherein the modeling comprises aggregating trade credit data and company financial statement data; and
estimating, by the computer-based system, a commercial size of spending wallet of a company based on known financial statement data of the company, total known business spending of the company, and the model of industry spending patterns.
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Abstract
Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company'"'"'s spend capacity. Research analysts can use CSoW/CSoSW to provide a comprehensive and robust indication of the business prospects of a rated company.
245 Citations
20 Claims
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1. A method comprising:
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modeling, by a financial assessment computer-based system, industry spending patterns, wherein the modeling is based on cardable operating expenses, a cost of goods sold, operating expenses and a cardable operating expenses ratio, and wherein the computer-based system comprises a computer processor and a tangible, non-transitory memory, wherein the modeling comprises aggregating trade credit data and company financial statement data; and estimating, by the computer-based system, a commercial size of spending wallet of a company based on known financial statement data of the company, total known business spending of the company, and the model of industry spending patterns. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A system comprising:
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a computer processor configured for financial assessment; and a tangible, non-transitory computer-readable medium having instructions stored thereon that, in response to execution by the computer processor, cause the computer processor to perform operations comprising; modeling, by the processor, industry spending patterns, wherein the modeling is based on cardable operating expenses, a cost of goods sold, operating expenses and a cardable operating expenses ratio, wherein the modeling comprises aggregating tread credit data and company financial statement date; and estimating, by the processor, a commercial size of spending wallet of a company based on known financial statement data of the company, total known business spending of the company, and the model of industry spending patterns. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19)
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20. An article of manufacture including a non-transitory computer-readable medium having instructions stored thereon that, in response to execution by a computing device configured for financial assessment, cause the computing device to perform operations comprising:
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modeling, by the computing device, industry spending patterns, wherein the modeling is based on cardable operating expenses, a cost of goods sold, operating expenses and a cardable operating expenses ratio, wherein the modeling comprises aggregating trade credit data and company financial statement data; and estimating, by the computing device, a commercial size of spending wallet of a company based on known financial statement data of the company, total known business spending of the company, and the model of industry spending patterns.
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Specification