Open AccessTHE INFLUENCE OF THE FACTOR OF INDUSTRY AFFILIATION ON THE FINANCIAL STABILITY OF RESOURCE-SUPPLYING ORGANIZATIONS
Author(s) -
Ильиных Юлия Михайловна,
Аксенова Елена Александровна
Publication year - 2020
Publication title -
èkonomika, professiâ, biznes
Language(s) - English
Resource type - Journals
eISSN - 2414-5890
pISSN - 2413-8584
DOI - 10.14258/epb201958
Subject(s) - business , cash , finance , order (exchange) , market liquidity , financial stability , resource (disambiguation) , point (geometry) , financial system , computer network , geometry , mathematics , computer science
In determining the essence of the concept of financial stability of a company, the key point is to present the allowable amount of receivables and the maximum period of cash turnover in settlements with customers. The emerging tendency to reduce the turnover period contributes to an increase in the liquidity of the organization’s assets and, as a result, to an increase in its financial stability. The article discusses the features of the influence of the factor of industry affiliation on the level of receivables and financial stability of resource-supplying organizations; a number of recommendations for managing the factor in order to increase their financial stability is proposed.