Current asset management in the enterprise



Download 172,91 Kb.
bet8/21
Sana30.04.2022
Hajmi172,91 Kb.
#596154
1   ...   4   5   6   7   8   9   10   11   ...   21
Bog'liq
Current asset management in the enterprise

Liquidity assessment
Under the liquidity of an asset the ability to transform into cash is to be understood. The degree of liquidity depends on duration of the time period during which this transformation can be carried out. The shorter the period, the higher is the liquidity of the asset.
The liquidity of the commercial organization usually means that it has current assets in the amount theoretically sufficient to repay short-term debt even though the violation of maturity under the contract. Liquidity is quantitatively characterized by special relative indicators - liquidity ratios.
Solvency means that there is enough cash and cash equivalents in a commercial organization to accounts payable, requiring the immediate redemption. Thus, the main features of solvency are:

        1. Availability of sufficient funds on the account;

        2. Lack of overdue debts.

Liquidity and solvency are not identical to each other. Liquidity ratios can characterize the financial situation as satisfactory, but in essence this assessment may be misleading if the current assets have a significant share in the illiquid assets and overdue receivables.
Balance sheet liquidity is defined as the degree of coverage of the organization liabilities by its assets, the term of transformation to money of which matches obligations maturity.
Depending on the degree of liquidity, i.e. rate of conversion into cash, assets are divided into the several groups represented in Table 2.2.2.
Table 2.2.2. Assets structure

Assets group

2005

2006

2007

2008

2009

Group A1. Most liquid assets with a minimum term of monetization. These include: cash on hand and funds to the account, which can be used to meet current payments instantly. This group also includes the short-term investments.

6 224

7 617

26 061

12 399

1 165

Group A2. Quickly sold assets for circulation in cash takes some time. This group includes accounts receivable, payments are expected within 12 months after reporting date

17 045

52 180

56 393

82 065

72 560

Group A3. Slowly sold the assets. The least liquid assets - it's inventories, receivables, payments to be received in more than 12 months after the reporting date, the value added tax on acquired assets, and other current assets

13 296

9 017

18 096

13 847

14 069

Group A4. Illiquid assets. Assets that are intended for use in business for a long time. This group includes articles of Section I of the asset balance of "Non-current assets"

19 296

22 072

19 118

19 166

19 379

In turn, the liabilities are grouped by the term of their payment as shown on Table 2.2.3:



Download 172,91 Kb.

Do'stlaringiz bilan baham:
1   ...   4   5   6   7   8   9   10   11   ...   21




Ma'lumotlar bazasi mualliflik huquqi bilan himoyalangan ©hozir.org 2024
ma'muriyatiga murojaat qiling

kiriting | ro'yxatdan o'tish
    Bosh sahifa
юртда тантана
Боғда битган
Бугун юртда
Эшитганлар жилманглар
Эшитмадим деманглар
битган бодомлар
Yangiariq tumani
qitish marakazi
Raqamli texnologiyalar
ilishida muhokamadan
tasdiqqa tavsiya
tavsiya etilgan
iqtisodiyot kafedrasi
steiermarkischen landesregierung
asarlaringizni yuboring
o'zingizning asarlaringizni
Iltimos faqat
faqat o'zingizning
steierm rkischen
landesregierung fachabteilung
rkischen landesregierung
hamshira loyihasi
loyihasi mavsum
faolyatining oqibatlari
asosiy adabiyotlar
fakulteti ahborot
ahborot havfsizligi
havfsizligi kafedrasi
fanidan bo’yicha
fakulteti iqtisodiyot
boshqaruv fakulteti
chiqarishda boshqaruv
ishlab chiqarishda
iqtisodiyot fakultet
multiservis tarmoqlari
fanidan asosiy
Uzbek fanidan
mavzulari potok
asosidagi multiservis
'aliyyil a'ziym
billahil 'aliyyil
illaa billahil
quvvata illaa
falah' deganida
Kompyuter savodxonligi
bo’yicha mustaqil
'alal falah'
Hayya 'alal
'alas soloh
Hayya 'alas
mavsum boyicha


yuklab olish