WORKING CAPITAL MANAGEMENT IN THE FOOD INDUSTRY (Zarzadzanie kapitalem obrotowym w przemysle spozywczym)

• Authors: Golas Zbigniew , Bieniasz Anna , Czerwińska-Kayzer Dorota
• Languages of publication: PL

Abstracts

EN

The article presents the results of research into the effectiveness of working capital management in the food industry. The research was carried out within a set of 30 sectors (classes) of the food industry in the period from 2005 to 2009, on the basis of unpublished data of the Central Statistical Office. The effectiveness of working capital management was assessed using the inventory, receivables and payables cycle and the cash conversion cycle as well as with regard to the rates of return achieved on assets and own capital. The research indicated that in sectors where the cycles mentioned were the shortest the rates of return were the highest. The advantageous impact of shortened working capital cycles on economic viability was also verified by means of the correlation and regression analysis.

Keywords

EN

EFFECTIVENESS; FOOD INDUSTRY; RESEARCH IN AGRARIAN SECTOR; WORKING CAPITAL MANAGEMENT

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Instytut Ekonomiki Rolnictwa i Gospodarki Żywnościowej – Państwowy Instytut Badawczy
• Journal: Zagadnienia Ekonomiki Rolnej
• Year: 2011
• Issue: 3(328)
• Pages: 78-98
• Document type: ARTICLE

Contributors

author

Golas Zbigniew

author

Bieniasz Anna

author

Czerwińska-Kayzer Dorota

• Zbigniew Golas, Uniwersytet Przyrodniczy w Poznaniu, Katedra Ekonomiki Przedsiebiorstw Agrobiznesu, ul. Wojska Polskiego 28, 60-337 Poznan, Poland

Identifiers

CEJSH db identifier

11PLAAAA097911