Service companies are those that provide consumers with an action, generally specialized, that has to do with the resolution of a problem. Among many areas, we can mention hotels, electricity and gas services, maintenance, construction, etc.
Because this type of industry can be very diverse, it is sometimes difficult to calculate operating income, as each specific sector has its own cost scale.
To measure operating income, you must calculate total revenue for the year (using the balance sheet) and subtract the costs inherent to the activity.
operating-income
Conclusions
Calculating operating income is very beneficial for businesses as saudi arabia business email list it allows managers and investors to clearly determine the profits from the company's operating performance.
With this metric, you can get a global view of the financial status of the applied business model to know whether you need to make changes or continue on the established path.
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