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






Financial Analytics: Science and Experience

Financial reasons for the growth of accounts payable in the Russian economy

Vol. 17, Iss. 2, JUNE 2024

Received: 5 February 2024

Received in revised form: 12 February 2024

Accepted: 26 February 2024

Available online: 30 May 2024


JEL Classification: E42, Е50, Е59

Pages: 212–231


Valerii V. SMIRNOV I.N. Ulianov Chuvash State University (ChuvSU), Cheboksary, Chuvash Republic, Russian Federation


Subject. This article examines the financial reasons for the growth of accounts payable in the Russian economy.
Objectives. The article aims to determine the financial reasons for the growth of accounts payable in the Russian economy.
Methods. For the study, I used analysis and synthesis, and the methods of correlation and regression analysis.
Results. The article identifies and describes the financial reasons for the growth of accounts payable in the Russian economy.
Conclusions. The identified main financial reasons for the growth of accounts payable in the Russian economy inform the authorities about the possibility of converting accounts payable into bonds and further into shares with the transfer of interest on debts to shareholders.

Keywords: shares, deposits, money supply, debt securities, accounts payable


  1. Botasheva L.S., Gochiyaeva A.R., Kushtova D.Kh. [Receivables and payables of an enterprise]. Tendentsii razvitiya nauki i obrazovaniya, 2023, no. 98, part 5, pp. 76–78. (In Russ.) URL: Link
  2. Lapshina T.S., Kuznechenko A.M. [The concept and essence of receivables and payables]. Molodoi uchenyi = Young Scientist, 2023, no. 2, pp. 122–125. URL: Link (In Russ.)
  3. Miftakhova P.E. [Analysis of accounts receivable and accounts payable of the enterprise]. Uchet, analiz, audit: problemy teorii i praktiki = Accounting, Analysis, Audit: Problems of Theory and Practice, 2023, no. 30, pp. 86–91. URL: Link (In Russ.)
  4. Botasheva L.S., Uzdenova Z.I. [Fundamentals of analysis and management of receivables and payables]. Tendentsii razvitiya nauki i obrazovaniya, 2023, no. 97, part 7, pp. 47–50. (In Russ.) URL: Link
  5. Rabadanova Zh.B., Saidova A.G. [Some approaches to assessing the control system for managing accounts payable]. Ekonomika i predprinimatel'stvo = Journal of Economy and Entrepreneurship, 2022, no. 2, pp. 1107–1109. (In Russ.)
  6. Pogrebtsova E.A. [Mechanism for managing accounts payable and receivables]. Aktual'nye voprosy sovremennoi ekonomiki, 2023, no. 7. (In Russ.) URL: Link
  7. Shashkova T.N., Khabibullina L.Zh. [Accounts receivable and payable: current status, problems and management methods]. Vestnik BIST (Bashkirskogo instituta sotsial'nykh tekhnologii) = Vestnik BIST (Bashkir Institute of Social Technologies), 2023, no. 2, pp. 111–117. (In Russ.) URL: Link 2023/06/Shashkova-Khabibullina_VestnikBIST_2-2023_111-117.pdf
  8. Smol'yaninov E.S., Tertyuk V.V. [Problems of qualification of malicious evasion from repayment of accounts payable]. Aktual'nye problemy administrativnogo prava i protsessa = Actual Problems of Administrative Law and Process, 2023, no. 1, pp. 65–69. URL: Link Aktualnie_Problemi_Administrativnogo_Prava_I_Processa_2023_N1.pdf (In Russ.)
  9. Mazilkina A.B. [Criminal liability for malicious evasion of repayment of credit debt]. Internauka, 2023, no. 4, part 5. (In Russ.) URL: Link
  10. Sofina A.A., Semenova E.N. [Peculiarities of interrelation of receivables and payables with revenue and profitability of sales in agricultural organizations]. APK: ekonomika, upravlenie = AIC: Economics, Management, 2022, no. 6, pp. 65–71. URL: Link (In Russ.)
  11. Osmanova P.M., Khambulatova Z.R., Ismailov M.Kh. [Audit Verification of an organization's receivables and payables]. Zhurnal prikladnykh issledovanii = Journal of Applied Research, 2022, no. 6-3, pp. 225–229. URL: Link (In Russ.)
  12. Chirskaya M.A. [Factors for forming the lending policy of the organization in the unstable economic environment]. Pervyi ekonomicheskii zhurnal = First Economic Journal, 2023, no. 7, pp. 158–165. URL: Link 2023/07/%E2%84%967-337-2023.pdf (In Russ.)
  13. Afrifa G.A., Gyapong E., Monem R.M. Product Differentiation, Market Dynamics and the Value Relevance of Trade Payables: Evidence from UK Listed Firms. Journal of Contemporary Accounting & Economics, 2018, vol. 14, iss. 3, pp. 235–253. URL: Link
  14. Van den Bogaerd M., Aerts W. Does Media Reputation Affect Properties of Accounts Payable? European Management Journal, 2015, vol. 33, iss. 1, pp. 19–29. URL: Link
  15. Kondrat'eva A.V. [Restoration of written-off debt in institutional accounting]. Byudzhetnyi uchet = Budgetary Accounting, 2023, no. 4, pp. 20–25. URL: Link (In Russ.)
  16. Shirokova E.V. Analiz i kontrol' zadolzhennosti predpriyatiya kak sposob obespecheniya ekonomicheskoi bezopasnosti. V kn: Aktual'nye problemy bukhgalterskogo ucheta, audita i analiza v sovremennykh usloviyakh: monografiya [Analysis and control of an enterprise's debt as a way to ensure economic security. In: Actual problems of accounting, auditing and analysis in modern conditions: a monograph]. Penza, Penza State Agrarian University Publ., 2023, pp. 220–240.
  17. Sungatullina L.B., Rafigullina L.R. [Accounts payable forecasting in financial management: Opportunities and limitations]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2023, vol. 26, iss. 6, pp. 645–667. (In Russ.) URL: Link
  18. Sungatullina L.B., Agzyamova R.R. [Organization of an internal control system for accounts payable]. Bukhgalterskii uchet v byudzhetnykh i nekommercheskikh organizatsiyakh = Accounting in Budgetary and Non-Profit Organizations, 2022, no. 2, pp. 14–19. (In Russ.)
  19. Ying Tang, Moro A. Trade Credit in China: Exploring the Link Between Short Term Debt and Payables. Pacific-Basin Finance Journal, 2020, vol. 59, no. 101240. URL: Link
  20. Hocheol Nam, Konari Uchida. Accounts Payable and Firm Value: International Evidence. Journal of Banking & Finance, 2019, vol. 102, pp. 116–137. URL: Link

View all articles of issue


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

Journal current issue

Vol. 17, Iss. 2
June 2024