scholarly journals STRATEGIC OF MANAGEMENT OF THE COMPANY’S RECEIVABLE DEBT

2021 ◽  
pp. 59-63
Author(s):  
Володимир Борзенко ◽  
Тетяна П’ятак ◽  
Тетяна Кочетова ◽  
Анна Троян
Keyword(s):  
Mathematical Modeling ◽  
Management Strategy ◽  
Integrated Approach ◽  
Practical Significance ◽  
Optimal Size ◽  
Capital Management ◽  
Working Capital ◽  
Working Capital Management ◽  
Optimal Value ◽  
Size And Structure

An integrated approach is proposed to optimize the size and structure of the enterprise’s working capital based on factor analysis in order to increase the efficiency of its use. The formation of the optimal value of the enterprise’s working capital is based on the establishment of working capital standards and the forecasting of economic indicators characterizing the performance of the enterprise as a whole and of individual processes. The process of forming the optimal size and structure of working capital takes into account the influence of various factors and allows you to minimize the cost of production and ensure the successful operation of the enterprise. In formulating the enterprise’s working capital management strategy, a systematic approach was applied, which included a number of the following requirements: the object under study is presented as a system for which the goals and conditions of use are agreed upon; in the studied system, the optimal value of each element is determined by the totality of indicators; during the study, alternative options for the formation of system components are considered taking into account the influence of internal and external factors; the control strategy of the object under study is formed taking into account the optimal values of its components established as a result of mathematical modeling. An integrated approach is based on establishing the optimal value of each element of current assets based on mathematical modeling, depending on the needs of the enterprise. The practical significance of the research results lies in the possibility of applying the proposed approach to the formation and implementation of the enterprise’s working capital management strategy and the ability to make strategic decisions that are most appropriate for the external and internal conditions of the enterprise’s functioning.

FORMATION OF WORKING CAPITAL MANAGEMENT STRATEGY IN AGRICULTURAL ORGANIZATIONS

2018 ◽  
pp. 14-19
Author(s):  
А.V. Alpatov ◽  
О.А. Fedotenkova ◽  
Roman Borisovich Shestakov ◽  
Farhad Idrisovich Ragimov
Keyword(s):  
Management Strategy ◽  
Capital Management ◽  
Working Capital ◽  
Working Capital Management ◽  
Agricultural Organizations

scholarly journals WORKING CAPITAL MANAGEMENT STRATEGY AND SELECTED MEASURES OF FINANCIAL SECURITY FOR DAIRY COOPERATIVES IN POLAND

2021 ◽  
Vol 19 (4) ◽  
pp. 33-40
Author(s):  
Marzena Ganc
Keyword(s):  
Management Strategy ◽  
Financial Security ◽  
Capital Management ◽  
Working Capital ◽  
Working Capital Management ◽  
Conservative Strategy ◽  
Capital Share ◽  
Dairy Cooperatives ◽  
Security Indicators ◽  
The Relationship

The article evaluates select financial security indicators from groups of dairy cooperatives, and examines the relationship between the net working capital ratio and these indicators, in order to illustrate the strength of the relationship between pursued strategies and financial security. Most of the surveyed entities pursued a conservative strategy in the area of working capital management. The greatest relation between the share of net working capital in current assets and financial security ratios was found in the case of financial liquidity (according to the literature and the author’s expectations), where this relation was close to unity. A negative strength in the relationship was noted between the ratio of working capital share in current assets and trading in inventories in days in all groups of cooperatives, regardless of the working capital strategy applied.

Association between Working Capital Management Strategies and Profitability

2015 ◽  
Vol 1 (1) ◽  
pp. 91 ◽  
Author(s):  
Sana N. Maswadeh
Keyword(s):  
Significant Relationship ◽  
Management Strategy ◽  
Pearson Correlation ◽  
Management Strategies ◽  
Financial Statements ◽  
Pearson Correlation Coefficient ◽  
Capital Management ◽  
Working Capital ◽  
Working Capital Management ◽  
The Relationship

This study aims to examine the relationship between working capital management strategies (aggressive, moderate, conservative) and profitability. The study relied on the financial statements published by industrial pharmaceutical corporations in the last five years, namely 2009-2013, using the Pearson correlation coefficient between classifications according to corporate working capital management strategies, as well as profitability classification (high, medium and low) to determine whether a statistically significant relationship between the strategies followed for working capital management and profitability of the corporation. The study's results revealed a stronger relationship between working capital management strategy and profitability of Jordanian industrial pharmaceutical corporations that followed a moderate strategy compared with those that followed an aggressive strategy. Furthermore, Jordanian pharmaceutical corporations didn’t follow a conservative working capital management strategy.

scholarly journals Impact of net working capital management strategy on financial results on the example of WIG-food companies

2020 ◽  
pp. 140-152
Author(s):  
Sebastian Kubala ◽  
◽  
Chrystian Bernard Firlej ◽  
Keyword(s):  
Management Strategy ◽  
Capital Management ◽  
Working Capital ◽  
Working Capital Management ◽  
Net Profit ◽  
Dependent Variables ◽  
Inventory Turnover ◽  
Return On Sales ◽  
The Relationship ◽  
One Way Anova

Purpose – The main purpose of the work is to analyse the relationship between the net working capital management strategy and selected financial results of enterprises belonging to the WIG-food index. Research method – As part of the assessment, the financial data of 12 companies belonging to the WIG-food index for the period 2008-2018 were analysed. The dependent variables were the following measures: net profit/loss (NPL), current liquidity ratio (CLR), inventory turnover ratio (ITR), general debt ratio (GDR), return on sales (ROS). To achieve the objective of the research a one-way ANOVA variance was used. Results – The research results indicate that the net working capital management strategy adopted by the companies belonging to the WIG-Food index significantly affects the achieved financial results. Originality/value – The conducted research showed that the most common differences in shaping individual financial results occur between the use of aggressive (A) and conservative (C) strategy, aggressive (A) and moderately conservative (MC) strategy, conservative (C) and moderately aggressive (MA) strategy, as well as moderately aggressive (MA) and moderately conservative (MC) strategy.

scholarly journals Implementation of a Multi-Objective Working Capital Management Strategy for Financial Supply Chains

2021 ◽  
Vol 14 ◽  
pp. 312-328
Author(s):  
Mariia Smirnova ◽  
◽  
Anastasiia Ivakina ◽  
Nikolay Zenkevich ◽  
◽  
...  
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Management Strategy ◽  
Optimal Solution ◽  
Capital Management ◽  
Working Capital ◽  
Working Capital Management ◽  
Multi Objective ◽  
Supply Chain Finance ◽  
Concurrent Use

The issue of adequate application of quantitative supply chain (SCF) solutions for cooperative working capital management becomes more and more important in terms of globalization and growing competition between supply chains (SCs). Authors address the problem by developing models for cooperative working capital management (WCM) through SCF adoption for the case of the three-stage supply chain. The grounding for the optimization is multicriteria approach. The multi-objective working capital optimization model (Ivakina et al., 2021) allows to nd optimal solution regardless initial financial and liquidity position of SC. In the article, we use this model to quantitatively implement a multi-objective working capital management strategy on the cases of real supply chains. The results obtained in the paper indicate that the model of working capital optimization with concurrent use of multiple supply chain finance solutions can provide an optimal solution for all the cases considered in the research. It allows to decrease the total financial costs on working capital and supply chain finance solutions making individual ones not worse and at the same time achieve greater liquidity.

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