Examination of the Relationship between Stock Management and Profitability in Businesses: An Application on Borsa Istanbul Manufacturing Companies
This study aims to investigate whether there is a significant relationship between inventory management and the profitability of enterprises operating in the manufacturing sector. The primary purpose of businesses is to maximize firm value. For this purpose, they want to determine the most accurate...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Ekonomi ve Finansal Araştırmalar Derneği
2022-12-01
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| Series: | Ekonomi, Politika & Finans Araştırmaları Dergisi |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/download/article-file/2546581 |
| _version_ | 1797289529971834880 |
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| author | Gizem Arı Ayşegül Ertuğrul Ayrancı |
| author_facet | Gizem Arı Ayşegül Ertuğrul Ayrancı |
| author_sort | Gizem Arı |
| collection | DOAJ |
| description | This study aims to investigate whether there is a significant relationship between inventory management and the profitability of enterprises operating in the manufacturing sector. The primary purpose of businesses is to maximize firm value. For this purpose, they want to determine the most accurate method to increase profitability by using their assets efficiently. The practical and efficient use of asset stocks with the least liquidity among current assets is thought to affect their profitability positively. The financial ratios of companies in the manufacturing sector traded on the BIST between 2019-2021 have been taken as data, and multiple regression analysis is used as the analysis method. The findings show a significant negative relationship between the stock/current assets ratio and profitability for all three years. A positive relationship is found with the 2019 net sales growth rate and a negative relationship with stock holding time. A positive and significant relationship is found between profitability and net sales rate for 2020. In summary, it can be said that businesses can increase their profitability by reducing their stocks. |
| first_indexed | 2024-03-07T19:06:19Z |
| format | Article |
| id | doaj.art-6924e41d25ee4a008cb7ecfb196c250a |
| institution | Directory Open Access Journal |
| issn | 2587-151X |
| language | English |
| last_indexed | 2024-03-07T19:06:19Z |
| publishDate | 2022-12-01 |
| publisher | Ekonomi ve Finansal Araştırmalar Derneği |
| record_format | Article |
| series | Ekonomi, Politika & Finans Araştırmaları Dergisi |
| spelling | doaj.art-6924e41d25ee4a008cb7ecfb196c250a2024-03-01T08:33:26ZengEkonomi ve Finansal Araştırmalar DerneğiEkonomi, Politika & Finans Araştırmaları Dergisi2587-151X2022-12-017483985410.30784/epfad.1145818957Examination of the Relationship between Stock Management and Profitability in Businesses: An Application on Borsa Istanbul Manufacturing CompaniesGizem Arı0Ayşegül Ertuğrul Ayrancı1HACETTEPE ÜNİVERSİTESİİSTANBUL GELİŞİM ÜNİVERSİTESİThis study aims to investigate whether there is a significant relationship between inventory management and the profitability of enterprises operating in the manufacturing sector. The primary purpose of businesses is to maximize firm value. For this purpose, they want to determine the most accurate method to increase profitability by using their assets efficiently. The practical and efficient use of asset stocks with the least liquidity among current assets is thought to affect their profitability positively. The financial ratios of companies in the manufacturing sector traded on the BIST between 2019-2021 have been taken as data, and multiple regression analysis is used as the analysis method. The findings show a significant negative relationship between the stock/current assets ratio and profitability for all three years. A positive relationship is found with the 2019 net sales growth rate and a negative relationship with stock holding time. A positive and significant relationship is found between profitability and net sales rate for 2020. In summary, it can be said that businesses can increase their profitability by reducing their stocks.https://dergipark.org.tr/tr/download/article-file/2546581financial performancestock managementregression analysisfinansal performansstok yönetimiregresyon analizi |
| spellingShingle | Gizem Arı Ayşegül Ertuğrul Ayrancı Examination of the Relationship between Stock Management and Profitability in Businesses: An Application on Borsa Istanbul Manufacturing Companies Ekonomi, Politika & Finans Araştırmaları Dergisi financial performance stock management regression analysis finansal performans stok yönetimi regresyon analizi |
| title | Examination of the Relationship between Stock Management and Profitability in Businesses: An Application on Borsa Istanbul Manufacturing Companies |
| title_full | Examination of the Relationship between Stock Management and Profitability in Businesses: An Application on Borsa Istanbul Manufacturing Companies |
| title_fullStr | Examination of the Relationship between Stock Management and Profitability in Businesses: An Application on Borsa Istanbul Manufacturing Companies |
| title_full_unstemmed | Examination of the Relationship between Stock Management and Profitability in Businesses: An Application on Borsa Istanbul Manufacturing Companies |
| title_short | Examination of the Relationship between Stock Management and Profitability in Businesses: An Application on Borsa Istanbul Manufacturing Companies |
| title_sort | examination of the relationship between stock management and profitability in businesses an application on borsa istanbul manufacturing companies |
| topic | financial performance stock management regression analysis finansal performans stok yönetimi regresyon analizi |
| url | https://dergipark.org.tr/tr/download/article-file/2546581 |
| work_keys_str_mv | AT gizemarı examinationoftherelationshipbetweenstockmanagementandprofitabilityinbusinessesanapplicationonborsaistanbulmanufacturingcompanies AT aysegulertugrulayrancı examinationoftherelationshipbetweenstockmanagementandprofitabilityinbusinessesanapplicationonborsaistanbulmanufacturingcompanies |