FACTOR ANALYSIS OF THE EFFICIENCY OF USING OF THE CIRCULATING ASSETS OF ENTERPRISE
Journal Title: Проблеми системного підходу в економіці - Year 2018, Vol 5, Issue 67
Abstract
The article is devoted to actual problems of factor analysis of the efficiency of using of circulating assets of enterprises. The study noted that to determine the efficiency of the using of circulating assets the indicators of turnover are used, namely: the circulating assets turnover ratio, circulating assets to net sales ratio, the average duration of one turnover and profitability: the profitability of working capital. To assess the impact of changes in the efficiency of use of circulating assets, calculate the release or involvement of working capital, which is divided into absolute and relative. It is established that the factor analysis of the efficiency of use of circulating assets allows to identify the influence of factors that affect the effective index. This index is the duration of the turnover of working capital. Proposed that for building a disaggregated factor model and analyzing the influence of particular elements of circulating assets on changes in the efficiency of circulating assets use, each circulating assets to net sales ratio should be represented as the sum of the coefficients of consolidation of elements of the circulation fund. And the circulating production assets to net sales ratio, calculated for marketable products, is presented as the sum of the coefficients of consolidation of elements of circulating production assets, calculated for commercial products. It has been substantiated, that since the factor model has, in addition to the additive connections between factors, and multiplicative ones, it is advisable to carry out calculations by identifying the isolated influence of factors. The method of identifying the isolated influence of factors comes from the premise that while building an index factor system, one of the factors changes, and all the others are fixed at the basic level. Measurement of the contribution of each factor to the growth of the effective economic indicator ∆Y does not depend on the sequence of revealing the influence of other factors, that is, it occurs in isolation, which led to the name of this method of index analysis. This method has certain advantages in comparison with the method of chain substitutions. It allows you to select in a "pure" form the synergistic effect of the interaction of major factors. When using the method of chain substitutions, this effect joins all factors except volumetric. This is one of the most important advantages of the considered method. The results of the study can be used in the activities of the enterprise for the management of circulating assets.
Authors and Affiliations
H. V. Koshelek, V. S. Malyshko, I. P. Malikova
Keywords
Related Articles
- EP ID EP562195
- DOI 10.32782/2520-2200/2018-5-11
- Views 137
- Downloads 0
CHANGES IN CREDIT RATING OF THE BORROWER AND THE METHOD OF ITS ACCOUNTING FOR THE PROCESS OF DETERMINING RATES OF CREDIT
The article deals with the essence and functional consistency of the borrower’s credit rating related to the credit risk in terms of the credit ratings fluctuation. Banks operating in the high-risk environment where one...
METHODS OF SYNTHESIS THE STRUCTURE OF INTELLECTUAL DECISION-MAKING SYSTEMS
The main approaches to the synthesis of complex information systems are structural, parametric and structural-parametric. At the same time, it is the structure that determines the main characteristics of the system. It’s...
OPTIMIZATION OF THE TAX BURDEN ON PAT “YANTSIVSKYI HRANITNYI KARIER”
The article analyses the need to optimize the tax burden on the enterprise. It was investigated how individual tax payments influence the numerical criteria of financial and economic activity of economic entities, namely...
MARKETING EVALUATION OF THE SYSTEM OF EXTERNAL ENVIRONMENTAL COMPONENTS INFLUENCE ON THE LEVEL OF ADAPTATION OF THE MARKETING MIX COMMUNICATION COMPONENT OF WINE ENTERPRISES
The external environment is a system of factors uncontrollable by the enterprise that have a global impact on the wine market in general and its individual participants. Uncontrolled nature of the environment makes winem...
THE ANALYSIS OF MAIN DANGERS, THREATS AND RISKS TO THE ECONOMIC SECURITY OF ENTREPRENEURSHIP AT THE PRESENT STAGE OF THE STATE’S DEVELOPMENT
The scientific work focuses on the idea that economic security of entrepreneurship (ESE) is the key notion for the steady Ukrainian national economy and state’s development in modern terms of their functioning. In its tu...