Efficiency of use of circulating assets. Economic essence, coefficients

Any enterprise has a certain marginworking capital. They consist of circulation funds (SOEs in stock, shipped products, etc.) and circulating production assets (materials, both basic and auxiliary, raw materials, objects of labor that are spent in one production cycle, and therefore their cost is transferred to manufactured goods and services at once entirely).

Efficiency of using current assetsis caused by various factors. If internal are directly dependent on the activities of the organization itself, the external ones exert their influence irrespective of the interests of the company and its activities. These include:

- The economy of the country as a whole;

- features of legislation, in particular, tax;

- interest rates on credit products and the conditions for obtaining them;

- special-purpose financing;

- other.

Given these features, the company's management can make the most optimal plan for the rational use of its own resources.

The efficiency of using current assets is characterized by the use of special indicators-coefficients:

- turnover (Cob).

- duration of 1 revolution in days (Cob / dn).

- Loading of funds in 1 revolution (Kzag / ob).

Economic efficiency of useof working capital is this: the more actively the enterprise involves working capital in the production process, the less expenses must be incurred for production. Thus, reserves are released to increase production volumes, upgrade equipment, introduce new equipment, technologies and other.

Any enterprise has significant opportunities,to increase the efficiency of the use of working capital. If we talk about the sphere of production, the most reserves are in reserves. Of course, they are necessary to ensure the continuity of the production process, but at the same time they are temporarily not involved in production. To organize efficient use of the company's reserves and reduce them, their rational use is necessary. The following activities are also relevant:

- an effective organization of the warehouse economy,

- improvement of rationing,

- improvement of the supply policy of the enterprise.

If the management of the enterprise sets itselfthe goal is to significantly improve the efficiency of using current assets and will closely work on improving the organization of the production process, technology and production technologies, it will be possible to achieve a reduction in the period of working capital in the unfinished production stage, which will have a positive impact on all areas of the organization.

For such an indicator as efficiencyuse of working capital, it is important not to allow excessive financing of the sphere of circulation, since here circulating assets only help to bring goods, works or services to the public. To do this, it is necessary to rationally organize the sales service, apply modern calculation methods, and observe discipline. If the turnover speed increases, you will certainly free up resources that can be used to meet the current needs of the organization.

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