+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Financial Analytics: Science and Experience
 

Development of methodology for calculating the average period of turnover of stocks of finished products of company

Vol. 6, Iss. 37, OCTOBER 2013

Available online: 4 October 2013

Subject Heading: STOCKPILES MANAGEMENT

JEL Classification: 

Kulakova J.N. PhD in Economics, Associate Professor of the Department of Financial Management and Accounting, the Ural Socio-Economic Institute of the Academy of Labor and Social Relations (Moscow)
Kulakova174@mail.ru

Kulakov A.B. PhD of Technical Sciences, Associate Professor, Head of the Department of Financial Management and Accounting, the Ural Socio-Economic Institute of the Academy of Labor and Social Relations (Moscow)
Kul197020@mail.ru

The average period of finished goods stocks turnover, as a rule, is defined as the relation of product of average cost of stocks and durations of the investigated period of time to gain size for the investigated period. This methodical approach gives only the calculation formula, but does not establish functional dependence of the average period of payment on indicators influencing it. The technique offered in article allows calculating the average period of finished goods stocks turnover of the enterprise according to its administrative account, to establish the factors influencing duration of the average turnover period of stocks, and to reveal reserves for its reduction.

Keywords: stocks, finished goods, turnover, period of turnover, financial, volume, current assets

View all articles of issue

 

ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

Journal current issue

Vol. 17, Iss. 1
March 2024

Archive