Open AccessCOMPLEX OF MEASURES FOR MANAGING THE COMPANY’S WORKING CAPITAL
Author(s) -
Маркова Наталия Андреевна
Publication year - 2020
Publication title -
naučnye problemy vodnogo transporta
Language(s) - English
Resource type - Journals
eISSN - 2713-1866
pISSN - 2713-1858
DOI - 10.37890/jwt.vi62.43
Subject(s) - working capital , current asset , business , fixed asset , context (archaeology) , order (exchange) , finance , capital (architecture) , assets under management , industrial organization , economics , production (economics) , microeconomics , biology , history , paleontology , archaeology
The company working capital ensures the products, works and services production and sale process continuity. At the stage of growing economy, effective working capital management allows businesses to achieve their goals with maximum efficiency and gain competitive advantages by accelerating the current assets turnover The purpose of this article is to develop a comprehensive approach to managing the company’s working capital. In order to achieve the stated goal, the existing methods of planning the need for the company’s current assets were studied; a critical assessment of models for working capital management by Russian and foreign authors was carried out. The article presents a set of interrelated points for managing the company’s working capital, including four consecutive stages. The scientific novelty of the study is to improve the methodology for planning the need for current assets of the company, based on rationing; developing and offering recommendations for the formation of insurance reserves in the context of current assets elements; justification of the current assets turnover indicator choice as the main one when comparing different combination of approaches to the company current assets formation and strategies for financing the planned need for current assets.