Efficiency analysis of textile companies in Serbia

The purpose of the research is to use the ratio analysis to determine the level of efficiency of companies engaged in the production of textiles in the Republic of Serbia in the period from 2017 to 2019. The research was conducted on a sample of three companies engaged in the production of textiles,...

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Main Authors: Milašinović Marko, Špiler Marko, Knežević Snežana, Mitrović Aleksandra
Format: Article
Language:English
Published: Union of Textile Engineers and Technicians of Serbia, Belgrade 2022-01-01
Series:Tekstilna industrija
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/0040-2389/2022/0040-23892201004M.pdf
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author Milašinović Marko
Špiler Marko
Knežević Snežana
Mitrović Aleksandra
author_facet Milašinović Marko
Špiler Marko
Knežević Snežana
Mitrović Aleksandra
author_sort Milašinović Marko
collection DOAJ
description The purpose of the research is to use the ratio analysis to determine the level of efficiency of companies engaged in the production of textiles in the Republic of Serbia in the period from 2017 to 2019. The research was conducted on a sample of three companies engaged in the production of textiles, whose shares are listed on the Belgrade Stock Exchange. The paper observes their management efficiency: total assets, fixed assets, current assets, inventories, trade receivables and trade payables. The research determined that fluctuations in the values of the used efficiency indicators were present during the observed period. Further, it was determined that there is a significant space for improving the efficiency of the observed textile companies. The results of the research can be important for the management of the company, owners (shareholders) of the company, investors and creditors.
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spelling doaj.art-24e3a56725764842a41987a7d02b21a82022-12-22T01:31:38ZengUnion of Textile Engineers and Technicians of Serbia, BelgradeTekstilna industrija0040-23892022-01-0170141110.5937/tekstind2201004M0040-23892201004MEfficiency analysis of textile companies in SerbiaMilašinović Marko0https://orcid.org/0000-0002-9346-9283Špiler Marko1https://orcid.org/0000-0001-6319-2597Knežević Snežana2https://orcid.org/0000-0003-0176-6107Mitrović Aleksandra3https://orcid.org/0000-0002-8302-0853Univerzitet u Kragujevcu, Fakultet za hotelijerstvo i turizam u Vrnjačkoj Banji, Vrnjačka Banja, SerbiaUniverzitet u Beogradu, Fakultet organizacionih nauka, Beograd, SerbiaUniverzitet u Beogradu, Fakultet organizacionih nauka, Beograd, SerbiaUniverzitet u Kragujevcu, Fakultet za hotelijerstvo i turizam u Vrnjačkoj Banji, Vrnjačka Banja, SerbiaThe purpose of the research is to use the ratio analysis to determine the level of efficiency of companies engaged in the production of textiles in the Republic of Serbia in the period from 2017 to 2019. The research was conducted on a sample of three companies engaged in the production of textiles, whose shares are listed on the Belgrade Stock Exchange. The paper observes their management efficiency: total assets, fixed assets, current assets, inventories, trade receivables and trade payables. The research determined that fluctuations in the values of the used efficiency indicators were present during the observed period. Further, it was determined that there is a significant space for improving the efficiency of the observed textile companies. The results of the research can be important for the management of the company, owners (shareholders) of the company, investors and creditors.https://scindeks-clanci.ceon.rs/data/pdf/0040-2389/2022/0040-23892201004M.pdftextile industryefficiencyratio indicatorsbelgrade stock exchangerepublic of serbia
spellingShingle Milašinović Marko
Špiler Marko
Knežević Snežana
Mitrović Aleksandra
Efficiency analysis of textile companies in Serbia
Tekstilna industrija
textile industry
efficiency
ratio indicators
belgrade stock exchange
republic of serbia
title Efficiency analysis of textile companies in Serbia
title_full Efficiency analysis of textile companies in Serbia
title_fullStr Efficiency analysis of textile companies in Serbia
title_full_unstemmed Efficiency analysis of textile companies in Serbia
title_short Efficiency analysis of textile companies in Serbia
title_sort efficiency analysis of textile companies in serbia
topic textile industry
efficiency
ratio indicators
belgrade stock exchange
republic of serbia
url https://scindeks-clanci.ceon.rs/data/pdf/0040-2389/2022/0040-23892201004M.pdf
work_keys_str_mv AT milasinovicmarko efficiencyanalysisoftextilecompaniesinserbia
AT spilermarko efficiencyanalysisoftextilecompaniesinserbia
AT knezevicsnezana efficiencyanalysisoftextilecompaniesinserbia
AT mitrovicaleksandra efficiencyanalysisoftextilecompaniesinserbia