The Influence of Working Assets Efficiency Management on the Profitability of Trade in Serbia
The efficiency of working assets (working capital) management is one of the crucial factors of performance in trade. It is quite understandable when one takes into account the fact that the biggest part of total assets of the trading companies is related to working assets, i.e. inventories as a part...
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| Format: | Article |
| Language: | English |
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Editura ASE
2013-12-01
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| Series: | Revista de Management Comparat International |
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| Online Access: | https://www.rmci.ase.ro/no14vol5/07.pdf |
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| _version_ | 1850111770363953152 |
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| author | Radojko LUKIC |
| author_facet | Radojko LUKIC |
| author_sort | Radojko LUKIC |
| collection | DOAJ |
| description | The efficiency of working assets (working capital) management is one of the crucial factors of performance in trade. It is quite understandable when one takes into account the fact that the biggest part of total assets of the trading companies is related to working assets, i.e. inventories as a part of current assets. With the application of appropriate methodology this paper explores determinants and impact of efficiency of working assets management on the profitability of trade in Serbia for the 2008-2012 period, based on an example of commercial companies which are required by law to submit the final financial statements. General conclusion is that there was insufficient efficiency of working assets in observed period, which was reflected on the profitability of trade in Serbia. Related to this, it is necessary to take all relevant measures to improve the efficiency of working assets in order to increase the profitability of trade in Serbia. This especially applies to the application of modern information and communication technologies, particularly in the supply chain management (enterprise resource planning system, RFID). |
| format | Article |
| id | doaj-art-57f88894bdea4b77b22dd13f1fc38cac |
| institution | OA Journals |
| issn | 1582-3458 2601-0968 |
| language | English |
| publishDate | 2013-12-01 |
| publisher | Editura ASE |
| record_format | Article |
| series | Revista de Management Comparat International |
| spelling | doaj-art-57f88894bdea4b77b22dd13f1fc38cac2025-08-20T02:37:33ZengEditura ASERevista de Management Comparat International1582-34582601-09682013-12-01145731745The Influence of Working Assets Efficiency Management on the Profitability of Trade in Serbia Radojko LUKIC0 Faculty of Economics, University of BelgradeThe efficiency of working assets (working capital) management is one of the crucial factors of performance in trade. It is quite understandable when one takes into account the fact that the biggest part of total assets of the trading companies is related to working assets, i.e. inventories as a part of current assets. With the application of appropriate methodology this paper explores determinants and impact of efficiency of working assets management on the profitability of trade in Serbia for the 2008-2012 period, based on an example of commercial companies which are required by law to submit the final financial statements. General conclusion is that there was insufficient efficiency of working assets in observed period, which was reflected on the profitability of trade in Serbia. Related to this, it is necessary to take all relevant measures to improve the efficiency of working assets in order to increase the profitability of trade in Serbia. This especially applies to the application of modern information and communication technologies, particularly in the supply chain management (enterprise resource planning system, RFID). https://www.rmci.ase.ro/no14vol5/07.pdfaccounts receivableinventorycurrent liquiditynet working assetscash cycle |
| spellingShingle | Radojko LUKIC The Influence of Working Assets Efficiency Management on the Profitability of Trade in Serbia Revista de Management Comparat International accounts receivable inventory current liquidity net working assets cash cycle |
| title | The Influence of Working Assets Efficiency Management on the Profitability of Trade in Serbia |
| title_full | The Influence of Working Assets Efficiency Management on the Profitability of Trade in Serbia |
| title_fullStr | The Influence of Working Assets Efficiency Management on the Profitability of Trade in Serbia |
| title_full_unstemmed | The Influence of Working Assets Efficiency Management on the Profitability of Trade in Serbia |
| title_short | The Influence of Working Assets Efficiency Management on the Profitability of Trade in Serbia |
| title_sort | influence of working assets efficiency management on the profitability of trade in serbia |
| topic | accounts receivable inventory current liquidity net working assets cash cycle |
| url | https://www.rmci.ase.ro/no14vol5/07.pdf |
| work_keys_str_mv | AT radojkolukic theinfluenceofworkingassetsefficiencymanagementontheprofitabilityoftradeinserbia AT radojkolukic influenceofworkingassetsefficiencymanagementontheprofitabilityoftradeinserbia |