THE INFLUENCE OF THE FACTOR OF INDUSTRY AFFILIATION ON THE FINANCIAL STABILITY OF RESOURCE-SUPPLYING ORGANIZATIONS

Julia Mikhailovna Ilinykh,Elena Alexandrovna Aksenova

doi:10.14258/epb201958

Abstract

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.

Highlights

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

Summary

Introduction

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 INFLUENCE OF THE FACTOR OF INDUSTRY AFFILIATION ON THE FINANCIAL STABILITY OF RESOURCE-SUPPLYING ORGANIZATIONS Детальное рассмотрение особенностей влияния этого фактора на финансовую устойчивость ресурсоснабжающих организаций позволит сосредоточить внимание на проблемах экономической нестабильности предприятий данной отрасли и в дальнейшем совершенствовать процесс управления их финансово-хозяйственной деятельностью. С одной стороны, обеспечивает стабильный и востребованный спрос потребителей, с другой — влечет накопление на балансе РСО значительных объемов просроченной дебиторской задолженности, что в сочетании с нарастающим уровнем физического и морального износа коммунальной инфраструктуры и низкой платежеспособностью населения [2] ставит под угрозу экономику данной отрасли.

Results

Conclusion