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CEMENT RENDERING INDUSTRY BENCHMARKS

  • Rachel James
  • Nov 7, 2024
  • 1 min read

Updated: Nov 21, 2024


Knowing the cement rendering industry benchmarks helps you gauge your  business’s performance, identify growth opportunities, and make informed strategic decisions.


Businesses in this industry render cement walls and surfaces for both residential and commercial buildings. Some cement renderers also provide plastering and other similar construction services.


making smooth lines in cement rendering

Performance Benchmarks

These performance benchmarks are based on data from income tax and BAS statements filed with the Australian Tax Office.


The key benchmark ratio for this industry is total expenses to turnover. This ratio is likely to be the most accurate predictor of business turnover. For businesses that do not report cost of sales or only report a small amount, total expenses to turnover can be used to predict turnover.



Key Benchmark Ratio

Annual Turnover Range



 

Low

$50,000 – $150,000

Medium

$150,001 – $400,000

High

More than $400,000

Income Tax Return




Total expenses/turnover

43% - 58%

64% - 77%

77% - 88%

Average total expenses

51%

71%

83%

Activity Statement




Non-capital purchases / total sales

41% – 53%

44% – 62%

52% – 70%



The benchmarks are published as a range representing ratios reported by businesses grouped either side of the average. Publishing benchmarks as a range allows for variations across financial years, regions and business models.

The following benchmarks are available as a guide for businesses to review their performance and business practices against other similar businesses. The following expenses are not reported by every business, so one or more of these benchmarks may not ap ply to an individual business.





Benchmark Ratio

Annual Turnover Range

Income Tax Return

Low

$50,000 – $150,000

Medium

$150,001 – $400,000

High

More than $400,000

Cost of Sales / Turnover

16% – 25%

23% – 29%

23% – 31%

Labour / Turnover

22% - 31%

24% - 34%

30% - 44%

Motor Vehicle expenses / turnover

7% - 10%

4% - 5%

2% - 3%



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