PL EN


2007 | 1(310) | 17-31
Article title

THE EFFECTIVENESS OF AGRICULTURAL ENTERPRISES AND THEIR LEVEL OF WORKING CAPITAL

Authors
Content
Title variants
Languages of publication
PL
Abstracts
EN
The analysis of interrelations between value of working capital and effectiveness of agricultural enterprises has been presented in the article. Relatively great differentiation of the levels of working capital has resulted from the study. The author pointed out that too high value of the working capital is more advantageous for an enterprise then its negative value. The firms with the lowest level of working capital usually generated loses and showed the highest costs in relation to both assets absorption and sale. On the contrary, firms with the highest working capital level were characterized by the lowest ratios of costs absorption of assets, even though the costs absorption of sale was quite high in comparison with the firms with an average value of working capital. This contributed to lower productivity of costs related to operational activity as well as to the lowest productivity of assets. However, too high value of working capital reflects freezing of financial sources and contributes to deterioration of the efficiency of an enterprise. That is why maximizing of this capital in the agricultural enterprises is not sensible. The special attention should be paid to the adjusting of the level and structure of working capital to the ability of its effective use.
Year
Issue
Pages
17-31
Physical description
Document type
ARTICLE
Contributors
author
  • H. Wasilewski, Szkola Glówna Gospodarstwa Wiejskiego, ul. Nowoursynowska 166, 02-787 Warszawa, Poland
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
07PLAAAA02284765
YADDA identifier
bwmeta1.element.08b92c5b-c705-35d8-b14d-083a2b8158b3
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.