STREAMLINING THE MANAGEMENT OF CORPORATE ACCOUNTS RECEIVABLE
https://doi.org/10.32362/2500-316X-2018-6-2-67-81
Abstract
The paper assesses the importance of corporate receivables to the financial position of companies nowadays. The process of streamlining corporate accounts receivable relates to maintaining their value within such limits which would be sufficient to ensure covering shortterm corporate accounts payable without having to resort to additional sources of financing. The contents of the research paper is presented in two logically connected parts. Part one reviews the methods and approaches to corporate accounts receivable management which have been established in financial theory. Part two presents an analysis of the accounts receivable of six Bulgarian public companies. According to achieved financial results, each company has been positioned within a matrix illustrating the correlation between accounts receivable and sales volumes, following the Gentry-De La Gаrzа model. The views of the authors on related issues are based on the conducted research and are presented as research findings and conclusions.
About the Authors
M. Marinov
Tsenov Academy of Economics
Russian Federation
Russian Federation
G. Angelov
Tsenov Academy of Economics
Russian Federation
Russian Federation
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Review
For citations:
Marinov M., Angelov G. STREAMLINING THE MANAGEMENT OF CORPORATE ACCOUNTS RECEIVABLE. Russian Technological Journal. 2018;6(2):67-81. https://doi.org/10.32362/2500-316X-2018-6-2-67-81
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