MANAGEMENT OF CURRENT ASSETS IN THE AGRI-FOOD SECTOR: ANALYSIS BASED ON THE STUDY CARRIED OUT WITHIN SRL “RIST”

Abstract

The organization of the production pro- cess (cultivation) of products requires the avai- lability of appropriate resources: material, labour and financial ones. The shortage or surplus of any of them affects the final results of the enterprise’s activities. Therefore, the mana- gement task is to ensure their necessary number, optimal combination, and effective use. The management of current assets re- quires special attention, as they are more volatile. First of all, this applies to agricultural organizations due to the seasonal nature of their production. In the proposed article, this problem is considered on the example of the SRL “Rist” from Rybnita district, which has been operating in the agricultural market for more than 20 years and has more than 8 thousand hectares of arable land in use. This is a sufficient basis for analysing and identifying the main factors that have a decisive impact on the financial state of the enterprise.

Keywords

• financial management
• current assets
• agri-food sector
• receivables
• financial situation