Research of the economic essence of the category of «working capital»

Inna Kasapova
Postgraduate student, Department of Economic Analysis, Odessa National Economic University, E-mail:30_sokolenko_93@rambler.ru

Cite this article:

Kasapova, I. (2016), Research of the economic essence of the category of «working capital». Ed.: M. Zveryakov (ed.-in-ch.) and others [Doslіdzhennia ekonomіchnoi sutnostі katehorіi «oborotnyi kapіtal»; za red. M. I. Zveriakova (gol. red.) ta in.], Socio-economic research bulletin; Vìsnik socìal’no-ekonomìčnih doslìdžen’ (ISSN 2313-4569), Odessa National Economic University, Odessa, No. 2 (61), pp. 228–234.

Abstract

The article analyses the definitions of working capital, which show certain contradictions in the definition of this concept. Different approaches to the definition and interpretation of the working capital are summarized. The results of the study of working capital for the effective profitability of enterprises are presented. The new definition of «working capital» and «working capital management system» are proposed. The necessity of working capital management for insurance of company’s profitability is proved.

Keywords

working capital; working capital; management; inventories; cash; receivables; analysis.

JEL classification: М210;  DOI: https://doi.org/10.33987/vsed.2(61).2016.228-234

UD classification: 330.142.26

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