Effective use of working capital of organizations in a competitive environment
The scientific article covers an urgent topic, since increasing the efficiency of working capital use is a necessary condition for the successful development of an economic entity in a competitive environment. The successful implementation of the organization's production cycle depends on the state of current assets, since their lack ultimately leads the business entity to lack of opportunities to pay for its obligations. Therefore, evaluating the efficiency of working capital use is an important process. Special attention is paid to the comparative characteristics of financial and economic activities of organizations in order to improve the efficiency of working capital use. The formation of current production and circulation funds in a competitive environment is an integral part of the continuity of the reproduction process of an economic entity. The article deals with the main directions of improving the efficiency of using working capital of organizations.