Improving the Calculation of the Efficiency Assessment of Cash Flow Management in High-Tech Industries

Alexey V. Kemenov, Tatyana V. Abalakina, Olga I. Zhukova

Abstract


Relevance: Information about cash flows is always being closely monitored by analysts, business managers and investors. The efficiency of money management determines the quality of the entity as a whole. And his management should use the integrated indicator of the effectiveness of cash flow management in making management decisions.

The novelty of the present scientific research is in the following:

- the advanced method of calculation of the integral indicator of the efficiency of cash flows management at the high-tech enterprises is proposed,

- the appropriate and efficient use of cash flow profitability indicators is identified.

Practical usefulness.

- It is justified that The Net Present Value (NPV) profitability of net cash flow is the indicator that reflects the efficiency of cash flow management.

- The proposed integral indicator of the effectiveness of cash flow management makes it possible to determine the impact of individual factors that influence the formation and use of NPV.

- the proposed efficiency assessment for effective cash management will determine the quality of management of activity of the economic entity.


Keywords


Financial stability of the organization, cash flow, estimation of the factors of growth in the efficiency of cash flow management, integral indicator of the efficiency of cash flow management.

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ISSN: 1929-7092