MECHANISM OF DEBT SECURITY MANAGEMENT OF THE GAS TRANSPORT ENTERPRISE

Abstract

The subject of the given work is the development of mechanism of market interaction between the business activity subjects at the gas market. The study is relevant due to the fact that although many companies have a corresponding credit policy, the existing mechanisms of managing the enterprises’ receivables do not have sufficient impact on consumers. The aim of the study is to develop a mechanism for managing receivables of gas transport companies, taking into account the effectiveness of debt recovery measures. The task of the work is to determine the criterial characteristics of receivables of gas transport companies and to assess the possibilities for debt collection. During the study, in the work have been used methods and basic provisions of financial management to assess the state of debt, fuzzy inference to determine the feasibility of using methods of influencing the debtor to recover the debt in favor of the gas transmission enterprise. The outcomes: were analyzed and classified the indexes, which define the base of consumers of the gas transport enterprise PJS "Kharkiv gas" and all of its structure departments. The list of verbal criteria of the consumers analysis includes: the frequency of purchases; total size of purchases; the balance of the debt; the expected maturity of the debt; maintenance of a debt; the profitability of debt collection in court. Based on the survey of experts, two linguistic variables were used to characterize the effectiveness of work with consumers-debtors in two directions – "Planned costs of debt support" and "Expected revenues from the debtor". A base of rules was formed at the basis of the data and the expert survey, in which were calculated distinct indicators that can be used for future interaction with the consumer. The variables, which characterize all of the consumers-debtors, do not have a direct connection. Therefore, an additional variable was introduced to compose the aforementioned indexes – the effectiveness of debt collection depending on the used method of influence on the debtor. The conclusion: In the given work is proposed an algorithm for determining the way the applied methods of influence on the debtor can lead to an increase in the cash flow of the gas transportation enterprise. In the future, it is possible to improve the calculations by studying and assessing the impact of decisions on the achievement of planned indexes.

Authors and Affiliations

Valentyna Kyriy, Dmytro Chechenets, Roksana Petrova, Nina Dovgopol

Keywords

Related Articles

RESEARCH OF PRINCIPLES AND METHODS OF COMMERCIAL BANKS TAX MITIGATION IN THE UP-TO-DATE CONDITIONS

The subject matter of the article is commercial banks tax mitigation. The goal of the work is identifying areas and developing a method for commercial banks tax mitigation based on theoretical basis. The following tasks...

RESEARCHING FACTORS OF INNOVATIVE ACTIVITIES OF AGRARIAN BUSINESS OF UKRAINE UNDER GLOBALIZATION OF THE WORLD ECONOMY

Modern processes of reforming the agroindustrial complex of Ukraine, a large part of which belongs to the agrarian sector, under the globalization of world economic processes in the agricultural market require that domes...

INFORMATION AND SOFTWARE SUPPORT OF THE HR MANAGER OF AN IT-COMPANY

The subject matter of the article is the processes of developing and testing the personnel of an IT company. The goal is to ensure the qualitative structure of personnel by automating data processing and testing candidat...

REDISTRIBUTION OF BASE STATIONS LOAD IN MOBILE COMMUNICATION NETWORKS

The subject matter of the article is the processes of load distribution in mobile communication networks. The object of research is the handover. The goal is to develop a method for redistributing the load between neighb...

ANALYTICAL VIEW ON THE THEORY OF ECONOMIC SECURITY

The subject of the study is the issue of ensuring economic security. The purpose of the study is to study the evolutionary path of theoretical substantiation of the problem of ensuring economic security from the standpoi...

Download PDF file
  • EP ID EP472263
  • DOI 10.30837/2522-9818.2018.6.103
  • Views 52
  • Downloads 0

How To Cite

Valentyna Kyriy, Dmytro Chechenets, Roksana Petrova, Nina Dovgopol (2018). MECHANISM OF DEBT SECURITY MANAGEMENT OF THE GAS TRANSPORT ENTERPRISE. Сучасний стан наукових досліджень та технологій в промисловості, 6(4), 103-112. https://europub.co.uk/articles/-A-472263