Liquidity and profitability of wineries in selected municipalities of AP Vojvodina
Wine tourism has a great potential in the agro-industrial sector of Serbia and must be intensively developed in order to provide positive local and regional effects on the economy. The proper development of wine sector will have positive effects on economic flows. The positive implications will be m...
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| Format: | Article |
| Language: | English |
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Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
2022-01-01
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| Series: | Trendovi u Poslovanju |
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| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2022/2334-816X2202074P.pdf |
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| _version_ | 1823859859690356736 |
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| author | Pavlović Nataša Mirović Vera Kalaš Branimir |
| author_facet | Pavlović Nataša Mirović Vera Kalaš Branimir |
| author_sort | Pavlović Nataša |
| collection | DOAJ |
| description | Wine tourism has a great potential in the agro-industrial sector of Serbia and must be intensively developed in order to provide positive local and regional effects on the economy. The proper development of wine sector will have positive effects on economic flows. The positive implications will be manifested in generating of income from the sale market-oriented products, as well as, the employment of new people in this segment of the economy. The aim of this paper is to point out the importance of wineries in AP Vojvodina with a focus on four municipalities: Beocin, Irig, Novi Sad and Sremski Karlovci. The subject of the paper includes the analysis of wineries business in selected municipalities from the aspect of liquidity and profitability for the period 2006-2019. The analysis results show that the observed wineries achieved average values of general and quick liquidity of 1.51, and 0.79. On the other hand, wineries recorded average return on assets of 0.03% and average return on equity of 0.73% in the observed period. Analyzing by the municipalities, it can conclude that wineries in Irig and Novi Sad were profitable, while this was not the case with wineries in Beočin and Sremski Karlovci for the observed period. |
| format | Article |
| id | doaj-art-c98637daea6349ff9a995db7d9272719 |
| institution | Kabale University |
| issn | 2334-816X 2334-8356 |
| language | English |
| publishDate | 2022-01-01 |
| publisher | Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac |
| record_format | Article |
| series | Trendovi u Poslovanju |
| spelling | doaj-art-c98637daea6349ff9a995db7d92727192025-02-10T19:38:26ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562022-01-01102748210.5937/trendpos22020074P2334-816X2202074PLiquidity and profitability of wineries in selected municipalities of AP VojvodinaPavlović Nataša0Mirović Vera1https://orcid.org/0000-0002-1465-4692Kalaš Branimir2https://orcid.org/0000-0002-9141-7957Turistička organizacija Vojvodine, Novi Sad, SerbiaUniverzitet u Novom Sadu, Ekonomski fakultet u Subotici, Subotica, SerbiaUniverzitet u Novom Sadu, Ekonomski fakultet u Subotici, Subotica, SerbiaWine tourism has a great potential in the agro-industrial sector of Serbia and must be intensively developed in order to provide positive local and regional effects on the economy. The proper development of wine sector will have positive effects on economic flows. The positive implications will be manifested in generating of income from the sale market-oriented products, as well as, the employment of new people in this segment of the economy. The aim of this paper is to point out the importance of wineries in AP Vojvodina with a focus on four municipalities: Beocin, Irig, Novi Sad and Sremski Karlovci. The subject of the paper includes the analysis of wineries business in selected municipalities from the aspect of liquidity and profitability for the period 2006-2019. The analysis results show that the observed wineries achieved average values of general and quick liquidity of 1.51, and 0.79. On the other hand, wineries recorded average return on assets of 0.03% and average return on equity of 0.73% in the observed period. Analyzing by the municipalities, it can conclude that wineries in Irig and Novi Sad were profitable, while this was not the case with wineries in Beočin and Sremski Karlovci for the observed period.https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2022/2334-816X2202074P.pdfliquidityprofitabilitywineriesmunicipalitiesap vojvodina |
| spellingShingle | Pavlović Nataša Mirović Vera Kalaš Branimir Liquidity and profitability of wineries in selected municipalities of AP Vojvodina Trendovi u Poslovanju liquidity profitability wineries municipalities ap vojvodina |
| title | Liquidity and profitability of wineries in selected municipalities of AP Vojvodina |
| title_full | Liquidity and profitability of wineries in selected municipalities of AP Vojvodina |
| title_fullStr | Liquidity and profitability of wineries in selected municipalities of AP Vojvodina |
| title_full_unstemmed | Liquidity and profitability of wineries in selected municipalities of AP Vojvodina |
| title_short | Liquidity and profitability of wineries in selected municipalities of AP Vojvodina |
| title_sort | liquidity and profitability of wineries in selected municipalities of ap vojvodina |
| topic | liquidity profitability wineries municipalities ap vojvodina |
| url | https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2022/2334-816X2202074P.pdf |
| work_keys_str_mv | AT pavlovicnatasa liquidityandprofitabilityofwineriesinselectedmunicipalitiesofapvojvodina AT mirovicvera liquidityandprofitabilityofwineriesinselectedmunicipalitiesofapvojvodina AT kalasbranimir liquidityandprofitabilityofwineriesinselectedmunicipalitiesofapvojvodina |