scholarly journals Methodological Support for the Analysis of Debt Security in Agribusiness and Measures to Improve Its Level

2021 ◽  
Vol 8 (3) ◽  
pp. 18-30
Author(s):  
Anna V. Hevchuk ◽  
Belle Christoffers
Keyword(s):  
Scientific Work ◽  
Security Assessment ◽  
Accounts Receivable ◽  
Analysis Methodology ◽  
Accounts Payable ◽  
The Status ◽  
Debt Security ◽  
Monetary Relations ◽  
Two Phases ◽  
The Impact

The relevance of the study lies in the fact that in modern competitive environment for effective business management, the analysis of settlements, namely the state of accounts receivable and accounts payable, which are an integral part of monetary relations and play an important role for risk assessment of the impact on the development of agribusiness is important. The purpose of this study is to improve the methodological support for the analysis of debt security in agribusiness and measures to improve its level as an effective way to manage settlements. Methodological techniques for comparing indicators and ratio analysis techniques were used to analyse calculations. The approaches of scientists to organise the analysis of settlements and debt security assessment in agribusiness are summarised and two phases are highlighted: 1) providing analysis; 2) organising the analytical process. Provisions are determined for the organisation of settlements analysis in terms of tasks, objects, subjects, frequency and stages which include: analysis of structure and dynamics of settlements, analysis of turnover of accounts receivable and payable; analysis of quality of settlements and assessment of debt security. A model of settlement analysis methodology has been proposed with the separation of debt security assessment, accounting and evaluation based on an integral indicator which includes: debt load indicators, structure indicators, quality indicators, and turnover indicators. It has been found that the improvement of methodological support through the introduction of the debt security assessment methodology provides ample opportunities for a comprehensive analysis of agribusiness calculations, enables the identification of threats and is the result of a detailed analysis of calculations. A matrix of measures to improve debt security is considered. The practical value of scientific work lies in the introduction of methods of analysis of settlements with the assessment of debt security, which will control the status of settlements with counterparties, reduce the risk of non-repayment of receivables, determine the need for additional resources to cover accounts payable and contribute to risk reduction

Accounts Receivable: Payable Impact on Each Other with Special Reference to Financial Performance—A Study of Small Cap Companies

2020 ◽  
Vol 47 (4) ◽  
pp. 362-373
Author(s):  
Sangeeta Mittal ◽  
Monika
Keyword(s):  
Financial Performance ◽  
Trade Credit ◽  
Unit Root Test ◽  
Effective Management ◽  
Manufacturing Companies ◽  
Causality Test ◽  
Accounts Receivable ◽  
Accounts Payable ◽  
The Impact ◽  
Test Correlation

Trade credit is important as a funding source for companies having a liquidity shortage. Trade credit comprises of both accounts receivable and payable. The financial literature has discussed the impact of accounts receivable or payable on a company’s financial performance. However, there is a lack of studies on the effects of accounts receivable and payable on each other and further its effect on the financial performance of small-cap companies. Financial performance is determined using the profitability and value of the company. The researchers examined the financial performance implications of offering and receiving trade credit for a sample of 193 BSE small-cap manufacturing companies in India during the period 2011–2019. Granger causality test, Levin, Lin and Chu Unit root test, correlation and regression have been used for data analysis. The finding suggested that accounts receivable influenced the use of accounts payable. The aftermath of accounts payables is that it negatively and significantly affected the profitability and had an insignificant relationship with the value of the company. The result implies that effective management of accounts receivable can influence the application of accounts payable that improves a company’s profits and value. The current study is useful for SMEs’ managers in determining the financial performance and capital structure.

scholarly journals Debt Component of Ensuring the Sustainability of Public Finances in Ukraine: The Status and Trends

2021 ◽  
Vol 7 (522) ◽  
pp. 178-186
Author(s):  
T. A. Koliada ◽  
◽  
L. Y. Bench ◽  
N. D. Rybina ◽  
◽  
...  
Keyword(s):  
The State ◽  
Financial Risks ◽  
Medium Term ◽  
State Budget ◽  
Public Finances ◽  
Managerial Decisions ◽  
The Status ◽  
Debt Security ◽  
Us Dollar ◽  
The Impact

The article is aimed at evaluating the State debt and the State-guaranteed debt as components of ensuring the sustainability of Ukraine's public finances, identifying trends and factors that determine debt security and affect the pace of development of the country's economy. The article discloses the indicators of measuring the sustainability of public finances; indicators of effectiveness of the policy of ensuring the sustainability of Public Finances of Ukraine until 2030 are presented; the role and importance of debt security in ensuring the sustainability of public finances is determined. A factor analysis of the State debt and the State-guaranteed debt is carried out on the main grounds – the average US dollar exchange rate per year, GDP, revenues and expenditures of the State budget – in order to identify trends in changes in its structure and volumes for the period 2016-2020. The main financial risks and the degree of their impact on debt security are defined, a forecast of the State debt and the State-guaranteed debt of Ukraine for the medium term for 2021-2023 has been developed using the polynomial trend. The likelihood of a worsening the debt situation in Ukraine by 2023 and, as a result, a deterioration in the resilience of public finances due to the unfolding of the coronavirus pandemic, which can be equated with the crises of 2008-2009 and 2014-2015, is proved. Proposals to improve Ukraine's debt security in the context of the coronavirus pandemic have been substantiated. Prospect for further research in this direction is to prove the need to make managerial decisions to ensure the sustainability of public finances, taking into account not only macroeconomic, but also political and institutional factors, the impact of which increases significantly in the context of democracy.

EVALUATION OF FACTORING IN THE COMPANY´S ACTIVITIES IN TRANSPORT SERVICE

2016 ◽  
Vol 10 (6) ◽  
pp. 50-62
Author(s):  
Татьяна Гараева ◽  
Tatyana Garaeva ◽  
Людмила Згонник ◽  
Lyudmila Zgonnik ◽  
Инесса Романовна Романова ◽  
...  
Keyword(s):  
Limited Liability ◽  
Financial Indicators ◽  
Transport Service ◽  
Working Capital ◽  
Tax Base ◽  
Accounts Receivable ◽  
Service Company ◽  
Company Limited ◽  
Accounts Payable ◽  
The Impact

The article presents an analysis of the factoring services market at the national and global levels, and identifies the main factoring market development trends. Based on the material of transport service company, limited liability company "Fairway", the authors substantiate the economic efficiency of factoring as a tool for replenishment of circulating assets of transport companies in the current economic conditions. Accumulation by factoring a number of functions is an important advantage over other forms of funding. This is especially important for small and medium-sized businesses in sphere of transport service that do not have sufficient volume of human and financial resources. Factoring allows to avoid a situation where the liability to tax on income appears before inflow of funds from the sale. Greater incentive for the factoring development for tax optimization is applying of a similar approach to the determination of the date of VAT payment. Funding within the factoring will allow Fairway to solve the problem of shortage of working capital without growth of accounts payable. Factoring has a positive effect on the financial indicators of an enterprise, such as liquidity and solvency. In general, the impact of factoring on the financial indicators of the transport service company "Fairway" is carried out by means of reduction of accounts receivable turnover period (shortening of the financial cycle), increasing the receivables turnover (number of turnovers), the reduction of the value of accounts receivable (release), more efficient use of working capital, increasing the coefficient of instant liquidity, reducing the tax base for income tax.

From Laboratories to Collaboratories: A New Organizational Form for Scientific Collaboration

1997 ◽  
Vol 8 (1) ◽  
pp. 28-36 ◽  
Author(s):  
Thomas A. Finholt ◽  
Gary M. Olson
Keyword(s):  
Geographical Location ◽  
Scientific Work ◽  
Joint Work ◽  
Physical Sciences ◽  
Scarce Resources ◽  
The Status ◽  
Potential Impact ◽  
Conducting Research ◽  
The Impact ◽  
Participation In Research

This article explores the potential impact of collaboratories on psychology. A collaboratory is a computer-supported system that allows scientists to work with each other, facilities, and databases without regard to geographical location The impact of collaboratories is discussed in terms of changes in the organization and practice of scientific work as this work moves from physical to virtual settings Examination of prototype collaboratories in the physical sciences shows that use of collaboratories produces changes through improved access to scarce resources, support for joint work among distant colleagues, and opportunities for broader participation in research by students Similar results in psychology are predicted if psychologists exploit collaboratories' capabilities to design new ways of conducting research, rather than adopting collaboratory technology as an extension of the status quo.

scholarly journals The Impact of Working Capital Components on Firm Value in US Firms

2017 ◽  
Vol 9 (8) ◽  
pp. 138
Author(s):  
Joseph Brian Cumbie ◽  
John Donnellan
Keyword(s):  
Firm Value ◽  
Economic Value ◽  
Optimal Level ◽  
Future Research ◽  
Curvilinear Relationship ◽  
Working Capital ◽  
Accounts Receivable ◽  
Accounts Payable ◽  
Curvilinear Relationships ◽  
The Impact

Working capital is an important part of any businesses day-to-day operations. However, most businesses do not take into consideration that continuous investment into working capital does not maximize firm value. The specific problem addressed was firm managers that do not understand the optimal level for each component of working capital create sub-optimal value firm; leading to diminished investment returns for shareholders. For this study, 140 firms for the years 2003-2012 were selected from a stratified random sample of firms listed on the Russell 2000 index. Accounts receivable days outstanding, accounts payable days outstanding, and inventory days outstanding were regressed on economic value to determine whether a curvilinear relationship existed. All three models showed a statistically significant relationship to firm value, F(6, 2268), p<.01, R2= .40, F(6, 2268), p<.01, R2= .38, F(6, 2268), p<.01, R2= .39. Recommendations for firm managers included lowering accounts receivable, accounts payable, and inventory days during boom economic times while increasing accounts receivable, accounts payable, and inventory days during recessionary economic times. Consideration for future research into working-capital management and firm value should consider whether different curvilinear relationships exist between firm value and working-capital components during different economic cycles.

scholarly journals Accounts receivable from the chemical enterprises: factor analysis

2021 ◽  
pp. 35-46
Author(s):  
Polina Otrubiannikova ◽  
D'yankai Van ◽  
Anna Vladimirovna Ilina ◽  
Natalya Gennadevna Viktorova
Keyword(s):  
Internal Factors ◽  
Financial Report ◽  
Accounts Receivable ◽  
Explanatory Factors ◽  
Accounts Payable ◽  
Report Data ◽  
Considerable Impact ◽  
Monetary Supply ◽  
Digital Components ◽  
The Impact

This research analyzes the impact of certain factors upon the accounts receivable from chemical enterprises. The subject of this article is the accounts receivable, while the object is the Russian chemical enterprises. The goal lies in building a regression model of the dependence of accounts receivable from chemical enterprises on the explanatory factors selected in the course of analysis. The internal factors include sales revenue, net profit, accounts payable, management expenses, return on total assets, etc. The external factors include gross domestic product, monetary supply, and Networked Readiness Index. The author creates an econometric model based on the financial report data for 44 enterprises, and statistical information for the period from 2015 to 2019. The result of modeling reveals a considerable impact of such indicators as monetary resources, accounts payable, and management expenses upon the size of accounts receivable. The conclusion is made on the expansion of digital components of management expenses in the context of the goal of research. The novelty of this article is substantiated from the perspective of application of the acquired results for forecasting the level of accounts receivable and more effective management of the payables policy of the enterprise. It is noted that the internal financial and economic indicators have most impact upon the size of accounts receivable from chemical enterprises.

scholarly journals The Department of Language Studies of the Research Institute of Linguistics, Literature and History: its scholarly endeavor in the period of Stalinism

2021 ◽  
Vol 6 (2) ◽  
pp. 221-230
Author(s):  
Alina T. Galimzyanova ◽  
Keyword(s):  
Academic Research ◽  
Central Committee ◽  
Scientific Work ◽  
Research Activities ◽  
Language Studies ◽  
The Social ◽  
The Status ◽  
The Impact ◽  
First Time ◽  
Research Institute

This paper presents the scientific work of the Department of Language Studies of the Research Institute of Linguistics, Literature and History (IYALI) during the period of the tightening ideological control over the Soviet intelligentsia activities. The author considers the effect on the work of Kazan linguists of the well-known Resolution "On the status and measures for improving the social and political, ideological activities in the Tatar party organization" (1944). According to the archive materials, the impact of Marr's pseudoscientific theory on the development of linguistics in the Tatar Republic is reflected for the first time. The author notes that Kazan scholars repeatedly had to revise the finished works in the wake of yet another resolutions of the CPSU Central Committee, despite the fact that the ideological tilt could very quickly turn in the opposite direction. The frequent need for changing the results of academic research led to stagnation of research. This problem was also the reason for the lack of published works of the Department of Language Studies, which gave the impression that the research activities of Kazan scholars were lagging behind. In general, the author of the presented article proves that the work of the IYALI linguists corresponded to the general trends in the development of Soviet science and was subordinate to the political guidelines of the Communist Party.

scholarly journals Analysis of the organizations accounts payable of the Kalmykia Republic

2018 ◽  
Vol 80 (2) ◽  
pp. 351-357
Author(s):  
M. P. Sarunova ◽  
T. V. Burlutkin ◽  
T. Z. Sandzhieva
Keyword(s):  
Financial Stability ◽  
Financial Analysis ◽  
Dynamic Changes ◽  
Accounts Receivable ◽  
Financial Condition ◽  
Accounts Payable ◽  
The Status ◽  
The Republic ◽  
Further Development

The article shows the organizationsaccounts payableof the Republic of Kalmykia as one of the most important elements of financial analysis as a separate organization, industry and the whole region. The dynamic changes in accounts payable on the basis of statistical datawere analyzed. It was revealed that the vast majority of overdue accounts payable was formed in housing and communal services. We carried outthe structural analysis of overdue debt composition and revealed the ways of its control. In order to identify the most "vulnerable" areas of economic activity from non-payment, the share of overdue debt to the total amount of debt by industry was considered. To assess the timeliness of payments of enterprises on obligations and the quality of accounts payable, we performed the analysis of the share of overdue accounts payable in its total volume. On thatbasiswe found out the approaches to optimizing the management of accounts payable, leading to the growth of financial results and further development of the economy of the Republic of Kalmykia. To analyze financial stability, it is important to consider not only the status of accounts payable, but also the ratio of accounts receivable to accounts payable. The analysis showed that the proportion is irrational; it is obvious that companies have attracted significant borrowed resources, but currently use of them in their current activitiesinefficient. The article concludes that the financial situation of enterprises and organizations of the region is extremely unstable when there is an annual growth of accounts payable and accounts receivable. In order to stabilize the financial condition of enterprises and organizations of the Republic of Kalmykia, improve their solvency and strengthen the settlement and payment discipline we explored the possibility of restructuring of accounts payable, which requires an analysis of each creditor separately, including all components of the debt-principal amount, interest and penalties.

Strategic Role of Zakat in Multidimensional Quality of Life in Sijunjung, Indonesia

2018 ◽  
Vol 15 (1) ◽  
pp. 55-72
Author(s):  
Herlin Hamimi ◽  
Abdul Ghafar Ismail ◽  
Muhammad Hasbi Zaenal
Keyword(s):  
Quality Of Life ◽  
Positive Impact ◽  
Wealth Distribution ◽  
Absolute Poverty ◽  
Before And After ◽  
The Status ◽  
Being There ◽  
The Impact

Zakat is one of the five pillars of Islam which has a function of faith, social and economic functions. Muslims who can pay zakat are required to give at least 2.5 per cent of their wealth. The problem of poverty prevalent in disadvantaged regions because of the difficulty of access to information and communication led to a gap that is so high in wealth and resources. The instrument of zakat provides a paradigm in the achievement of equitable wealth distribution and healthy circulation. Zakat potentially offers a better life and improves the quality of human being. There is a human quality improvement not only in economic terms but also in spiritual terms such as improving religiousity. This study aims to examine the role of zakat to alleviate humanitarian issues in disadvantaged regions such as Sijunjung, one of zakat beneficiaries and impoverished areas in Indonesia. The researcher attempted a Cibest method to capture the impact of zakat beneficiaries before and after becoming a member of Zakat Community Development (ZCD) Program in material and spiritual value. The overall analysis shows that zakat has a positive impact on disadvantaged regions development and enhance the quality of life of the community. There is an improvement in the average of mustahik household incomes after becoming a member of ZCD Program. Cibest model demonstrates that material, spiritual, and absolute poverty index decreased by 10, 5, and 6 per cent. Meanwhile, the welfare index is increased by 21 per cent. These findings have significant implications for developing the quality of life in disadvantaged regions in Sijunjung. Therefore, zakat is one of the instruments to change the status of disadvantaged areas to be equivalent to other areas.

Contemporary Qur'anic Studies in Iran and its Relationship with Qur'anic Studies in the West

2012 ◽  
Vol 14 (1) ◽  
pp. 45-72
Author(s):  
Morteza Karimi-Nia
Keyword(s):  
Islamic Law ◽  
Human Sciences ◽  
The West ◽  
Communications Technologies ◽  
Religious Learning ◽  
The Status ◽  
Islamic Republic Of Iran ◽  
Almost All ◽  
The Impact ◽  
The Relationship

The status of tafsīr and Qur'anic studies in the Islamic Republic of Iran has changed significantly during recent decades. The essay provides an overview of the state of Qur'anic studies in Iran today, aiming to examine the extent of the impact of studies by Western scholars on Iranian academic circles during the last three decades and the relationship between them. As in most Islamic countries, the major bulk of academic activity in Iran in this field used to be undertaken by the traditional ʿulamāʾ; however, since the beginning of the twentieth century and the establishment of universities and other academic institutions in the Islamic world, there has been increasing diversity and development. After the Islamic Revolution, many gradual changes in the structure and approach of centres of religious learning and universities have occurred. Contemporary advancements in modern sciences and communications technologies have gradually brought the institutions engaged in the study of human sciences to confront the new context. As a result, the traditional Shīʿī centres of learning, which until 50 years ago devoted themselves exclusively to the study of Islamic law and jurisprudence, today pay attention to the teaching of foreign languages, Qur'anic sciences and exegesis, including Western studies about the Qur'an, to a certain extent, and recognise the importance of almost all of the human sciences of the West.

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