Analysis of the efficiency of working capital use in agricultural formations of the Krasnodar territory

Issue № 12, 2025, article № 8, pages 66-72

Language: Russian

Original language title: АНАЛИЗ ЭФФЕКТИВНОСТИ ИСПОЛЬЗОВАНИЯ ОБОРОТНОГО КАПИТАЛА В АГРАРНЫХ ФОРМИРОВАНИЯХ КРАСНОДАРСКОГО КРАЯ

Keywords: AGRICULTURAL FORMATIONS, WORKING CAPITAL, ANALYSIS, EFFICIENCY, RESERVES

Abstract: Working capital plays a key role in ensuring the sustainable development of the business entities of the agro-industrial complex. The definition of a rational volume and structure of working capital for business entities in the agricultural sector of the economy is becoming particularly relevant, since it is in agricultural entrepreneurship that working capital goes through all stages of the production and commercial cycle and is characterized by the length of the circulation period. The lack of working capital leads to disruption of the production and commercial cycle, loss of liquidity and low profit, and the surplus leads to unjustifiably excessive amounts of financing. Based on this, there is a need to review existing approaches to managing the working capital of agricultural formations in order to increase the efficiency of their activities. This article is devoted to the study of factors affecting the economic efficiency of the use of working capital by agricultural enterprises, as well as the identification of key areas for improving the management of this resource. The empirical base of the study includes a sample of 610 agricultural organizations in the Krasnodar Territory, among which special attention is paid to a group of 384 organizations applying a single agricultural tax. The authors calculated the main economic indicators of the efficiency of working capital use in agricultural formations for the period from 2020 to 2024 inclusive, with special attention paid to assessing the profitability of working capital, The dependence of the conditions of resource supply and the efficiency of working capital, the volumes of release and additional involvement of financial resources in the formation of this resource was revealed.

Authors: Govdia Viktor Vilenovich, Degaltseva ZHanna Vladimirovna