Scale-Based Analysis of Working Capital Efficiency in  The Furniture Manufacturing Sector

Erdinç Karadeniz; Ömer İskenderoğlu

Makale detayları

Scale-Based Analysis of Working Capital Efficiency in The Furniture Manufacturing Sector

Yazarlar:

Erdinç Karadeniz | Ömer İskenderoğlu

Yayıncı:

Bartin University

Ana Başlıklar:

İşletme

Dergi:

Bartın Orman Fakültesi Dergisi Vol.26 Issue 2, pp.87-97

Belge Tipi:

Makale

Yayın Tarihi:

4/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001314310

pISSN:

1302-0943

Anahtar kelimeler:

Özet:

 The aim of this research is to analyse the working capital efficiency level of the Turkish furniture manufacturing sector in terms of scale size. For this purpose, measurement was carried out by the working capital efficiency index method on the company accounts of micro, small, medium and large-scale companies in the furniture manufacturing sector for the years 2017-2022, published by the Central Bank of the Republic of Turkey. During the analysis process, the usage, performance and efficiency indexes of the sectors working capital were calculated on a scale basis and evaluated over the years. In addition, by calculating the descriptive statistical values of the calculated index values, it was compared on a scale basis whether the furniture manufacturing sector managed its working capital effectively, both as a whole and as sub-items, and by taking both into consideration. As a result of the analysis, it was determined that the most successful group in terms of the number of years with usage and effectiveness index values above 1 was small-scale companies, and in terms of performance index, micro and small-scale companies. It was also determined that the efficiency index values were the lowest in micro, small and medium-sized companies in 2020 and they experienced the negative impact of the Covid-19 epidemic. On the other hand, in terms of index values, it was determined that large-scale companies used their working capital effectively in 2020 and did not experience the negative effects of the epidemic. In the study, in the context of descriptive statistics values, it was determined that the usage index performance decreased as the scale size increased. It has been observed that the most successful scale groups, in terms of the average of performance index values, are micro and large-scale companies, and the most successful scale group, in terms of the average of efficiency index values, are micro-scale companies. It has been determined that the standard deviations of the index values are lower than the minimum and maximum values and that there are no big differences between the efficiency values of the companies regardless of their scale.

 The aim of this research is to analyse the working capital efficiency level of the Turkish furniture manufacturing sector in terms of scale size. For this purpose, measurement was carried out by the working capital efficiency index method on the company accounts of micro, small, medium and large-scale companies in the furniture manufacturing sector for the years 2017-2022, published by the Central Bank of the Republic of Turkey. During the analysis process, the usage, performance and efficiency indexes of the sectors working capital were calculated on a scale basis and evaluated over the years. In addition, by calculating the descriptive statistical values of the calculated index values, it was compared on a scale basis whether the furniture manufacturing sector managed its working capital effectively, both as a whole and as sub-items, and by taking both into consideration. As a result of the analysis, it was determined that the most successful group in terms of the number of years with usage and effectiveness index values above 1 was small-scale companies, and in terms of performance index, micro and small-scale companies. It was also determined that the efficiency index values were the lowest in micro, small and medium-sized companies in 2020 and they experienced the negative impact of the Covid-19 epidemic. On the other hand, in terms of index values, it was determined that large-scale companies used their working capital effectively in 2020 and did not experience the negative effects of the epidemic. In the study, in the context of descriptive statistics values, it was determined that the usage index performance decreased as the scale size increased. It has been observed that the most successful scale groups, in terms of the average of performance index values, are micro and large-scale companies, and the most successful scale group, in terms of the average of efficiency index values, are micro-scale companies. It has been determined that the standard deviations of the index values are lower than the minimum and maximum values and that there are no big differences between the efficiency values of the companies regardless of their scale.

 The aim of this research is to analyse the working capital efficiency level of the Turkish furniture manufacturing sector in terms of scale size. For this purpose, measurement was carried out by the working capital efficiency index method on the company accounts of micro, small, medium and large-scale companies in the furniture manufacturing sector for the years 2017-2022, published by the Central Bank of the Republic of Turkey. During the analysis process, the usage, performance and efficiency indexes of the sectors working capital were calculated on a scale basis and evaluated over the years. In addition, by calculating the descriptive statistical values of the calculated index values, it was compared on a scale basis whether the furniture manufacturing sector managed its working capital effectively, both as a whole and as sub-items, and by taking both into consideration. As a result of the analysis, it was determined that the most successful group in terms of the number of years with usage and effectiveness index values above 1 was small-scale companies, and in terms of performance index, micro and small-scale companies. It was also determined that the efficiency index values were the lowest in micro, small and medium-sized companies in 2020 and they experienced the negative impact of the Covid-19 epidemic. On the other hand, in terms of index values, it was determined that large-scale companies used their working capital effectively in 2020 and did not experience the negative effects of the epidemic. In the study, in the context of descriptive statistics values, it was determined that the usage index performance decreased as the scale size increased. It has been observed that the most successful scale groups, in terms of the average of performance index values, are micro and large-scale companies, and the most successful scale group, in terms of the average of efficiency index values, are micro-scale companies. It has been determined that the standard deviations of the index values are lower than the minimum and maximum values and that there are no big differences between the efficiency values of the companies regardless of their scale.

 Öz  Bu araştırmanın amacı Türk mobilya imalat sektörünün çalışma sermayesi etkinlik düzeyini ölçek temelinde analiz etmektir. Bu amaçla Türkiye Cumhuriyet Merkez Bankası tarafından yayınlanan mobilya imalat sektöründeki mikro, küçük, orta ve büyük ölçekli işletmelerin 2017-2022 yıllarına ait sektör bilançoları üzerinde çalışma sermayesi etkinlik indeksi yöntemiyle ölçüm gerçekleştirilmiştir. Analiz sürecinde sektörün çalışma sermayesine ait kullanım, performans ve etkinlik indeksleri ölçek temelinde hesaplanmış ve yıllar itibariyle değerlendirilmiştir. Ayrıca indeks değerlerinin tanımlayıcı istatistik değerleri hesaplanarak ölçek temelinde mobilya imalat sektörünün çalışma sermayesini hem bütün ve alt kalemler itibariyle ayrı ayrı hem de her ikisini de göz önünde bulundurarak etkin yönetip yönetmedikleri karşılaştırılmıştır. Analiz sonucunda kullanım ve etkinlik indeks değerlerinin 1in üstünde gerçekleşen yıl sayısı açısından en başarılı grubun küçük ölçekli işletmeler, performans indeksi açısından ise mikro ve küçük ölçekli işletmeler olduğu saptanmıştır. Yine etkinlik indeks değerlerinin 2020 yılında mikro, küçük ve orta ölçekli işletmelerde en düşük olarak gerçekleştiği ve Covid-19 salgınının olumsuz etkisini yaşadıkları belirlenmiştir. Buna karşın indeks değerleri açısından 2020 yılında büyük ölçekli işletmelerin çalışma sermayelerini etkin kullandıkları ve salgının olumsuz etkisini yaşamadıkları saptanmıştır. Araştırmada tanımlayıcı istatistik değerleri bağlamında da ölçek büyüklüğü arttıkça kullanım indeksi performansının düştüğü belirlenmiştir. Performans indeks değerlerinin ortalaması itibariyle en başarılı ölçek gruplarının mikro ve büyük ölçekli işletmeler olduğu, etkinlik indeks değerlerinin ortalaması itibariyle en başarılı ölçek grubunun ise mikro ölçekli işletmeler olduğu gözlemlenmiştir. İndeks değerlerinin standart sapmalarının ise minimum ve maksimum değerlere göre düşük olduğu ve işletmelerin ölçek ayırımı fark etmeksizin etkinlik değerleri arasında çok büyük farklar olmadığı belirlenmiştir.

Makale detayları

Scale-Based Analysis of Working Capital Efficiency in The Furniture Manufacturing Sector

Yazarlar:

Erdinç Karadeniz | Ömer İskenderoğlu

Yayıncı:

Bartin University

Ana Başlıklar:

İşletme

Dergi:

Bartın Orman Fakültesi Dergisi Vol.26 Issue 2, pp.87-97

Belge Tipi:

Makale

Yayın Tarihi:

4/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001314310

pISSN:

1302-0943

Working capital

efficiency

index method

furniture manufacturing sector

company accounts.Çalışma Sermayesi

Etkinlik

İndeks Yöntemi

Mobilya İmalat Sektörü

Sektör Bilançoları

Sayı

Makale detayları

Yazarlar: Erdinç Karadeniz | Ömer İskenderoğlu

Yayıncı: Bartin University

Ana Başlıklar: İşletme

Dergi: Bartın Orman Fakültesi Dergisi Vol.26 Issue 2, pp.87-97

Belge Tipi: Makale

Yayın Tarihi: 4/2024

Belge Dili: Türkçe

Document ID (Org No.): 2001314310

pISSN: 1302-0943

Sayı

Yazarlar:

Erdinç Karadeniz | Ömer İskenderoğlu

Yayıncı:

Bartin University

Ana Başlıklar:

İşletme

Dergi:

Bartın Orman Fakültesi Dergisi Vol.26 Issue 2, pp.87-97

Belge Tipi:

Makale

Yayın Tarihi:

4/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001314310

pISSN:

1302-0943