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 126
- Downloads 0
EVALUATION OF THE VOLATILITY IMPACT OF THE WORLD RAW MATERIALS PRICES ON THE INVESTMENTS AND PRIVATE CONSUMPTION AMONG THE COUNTRIES-EXPORTERS OF THE NATURAL RESOURCES
An empirical assessment of the dependence of investments and private consumption of raw material by the countries-exporters from the volatility of the world prices on the raw resources has been given.It has been found th...
STRATEGIC REFERENCE-POINTS OF IMPROVEMENT OF LOGISTIC ACTIVITY OF ENTERPRISES OF ENGINEER: ECONOMIC AND ORGANIZATIONAL ASPECTS
In the modern terms of menage for going into new markets and satisfactions of demand of consumers it must to the leaders of enterprises of engineer product administrative decisions in relation to the increase of logistic...
SYSTEM DYNAMICS APPROACH TO MODELING OF MIGRATION IN UKRAINE
The article investigate the dynamics of migration processes in Ukraine based on the system dynamics approach. The simulation model that takes into account the factors of wage differences, GDP, unemployment and living sta...
LINGUISTIC DISTANCE AND LANGUAGE-SPECIFIC ASPECT IN THE BILATERAL TRADE OF UKRAINE AND PRC
People's Republic of China (PRC) is the second world’s largest economy in terms of nominal GDP, biggest manufacturer and a fast growing consumer market. In the past 20 years PRC reached the position of the primary produc...
THEORETICAL ANALYSIS OF THE CONCEPT OF INTEGRATED ENTREPRENEURIAL STRUCTURES
The process of arising new and wide differentiation of types of organizational business structures is inherent to the modern historical stage of the evolution of the economic sphere of being. Though most of the foreign a...