ISTRAŽIVANJE RAZLIKA IZMEĐU OPERATIVNOG KEŠA I NOVCA NA TEKUĆEM RAČUNU U ODABRANIM FARMACEUTSKIM KOMPANIJAMA U REPUBLICI SRBIJI
Ključne reči:
EBITDA, gotovina, račun, kompanija, stejkholderi, poslovna godina, obračun
Sažetak
Predmet istraživanja je analiza između EBITDA koeficijenta kao operativnog
keša - pokazatelja zarađivačke sposobnosti preduzeća i gotovine na računu na kraju
poslovne godine. Cilj studije je da naglasi značaj između EBITDA koeficijenta kao
operativnog keša i gotovine koje je stvarna na računu na kraju poslovne godine i da
pokaže da li postoji i kakva je međuzavisnost ova dva koeficijenta. U radu se prihvata
nulta hipoteza, a odbacuje se alternativna, pa se može zaključiti da postoje razlike
između operativnog keša (EBITDA) i gotovine na bankarskom računu na kraju poslovne
godine. U tekstu je naglasak na pojašnjenju i značaju razlike između onoga što je
preduzeće zaradilo u jednoj poslovnoj godini i onoga što je na računu na kraju
poslovne godine. Neki od relevantnih odgovora su: da li su EBITDA i gotovina na
bankarskom računu isti? I gde su razlike između ova dva koncepta? Pošto je odgovor
na prvo pitanje negativan, interni i eksterni stejkolderi ne mogu uštedeti vreme u
računanju EBITDA koeficijenta posmatrajući samo stanje računa na kraju poslovne
godine. Drugo pitanje je korišćeno u svrhu istraživanja radi detaljnijeg objašnjenja ova
dva pojma.
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Brozović, M., Sever Maleš, S., & Žager, L. (2019). Ograničenja u primjeni EBIT I EBITDA marže u mjerenju uspješnosti poslovanja preduzeća. Zbornik radova Ekonomskog fakulteta Sveučilišta u Mostaru, (Posebno izdanje), 38-61.
Cassic, J., (2002). Cash Flow or EBITDA ? Can ’ t We Have Both ? The RMA Journal 85(4), 26-34.
Knežević G., Stanišić N., & Mizdraković V., (2017). Analiza finansijskih izveštaja. Retrieved from https://books.google.rs/books?id=9SpHAgAAQBAJ&pg=PA238&dq=regresiona+analiza&hl=sr&sa=X&ved=2ahUKEwi0obeZi-bxAhWFlosKHY9nBaMQ6AEwB3oECAgQAg#v=onepage&q=regresiona%20analiza&f=false
Högerle, B., Charifzadeh, M., Ferencz, M., & Kostin, K. B. (2020). The development of working capital management and its impact on profitability and shareholder value: Evidence from Germany. Strategic Management, 25(2), 27-39.
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Kaličanin, Đ., Veljković, S., & Bogetić, Z., (2015). Brand orientation and financial performance nexus. Indastry, 43(1), 155-173.
Milojević, I. M., Mihajlović, M. B., & Vukša, S. Đ. (2018). Novčani tokovi privrednog subjekta kao predmet revizije. Vojno delo, 70(3), 361-371.
Milojević, S. (2011). Techniques for early detection of signals of latent crisis of the company, Škola biznisa, 1/2011 UDC 005.334
Pavlović, D., & Tot, V., (2020). Ekonomska bezbednost kao funkcija korporativne bezbednosti iz ugla stejkholdera. Civitas, 10(1), 159-179.
Prem, M., (2016). Introduction to statistics, Beograd, CID Ekonomskog fakulteta u Beogradu
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Šekarić, M., (2010). Statistical methods. Retrieved from https://singipedia.singidunum.ac.rs/izdanje/40806-statisticke-metode
Viswam, S., (2018). The use of EBITDA in representing the performance of a firm: An analysis in the context of IFRS. International Journal of Research in applied Management, Science and Technolog. Vol III – Issue III, 12.
International Accounting Standard MRS7, Official gazette RS, 133/2003- rescript
Site of Agency for Business Registers https://pretraga2.apr.gov.rs/unifiedentitysearch Retrieved June 10, 2021
Site of the Serbian Chamber of Commerce https://pks.rs/udruzenje/udruzenje-za-farmaceutsku-i-medicinsku-privredu
https://www.hemofarm.com/ Retrieved June 12, 2021
https://galenika.rs/sr/ retrieved June 12, 2021
https://www.krka.biz/rs/ retrieved June 12, 2021
https://www.actavis.rs/ retrieved June 12, 2021
https://goodwillpharma.com/srb/ retrieved June 12, 2021
http://pharmaswiss.rs/ retrieved June 12, 2021
https://www.salveopharma.rs/ retrieved June 12, 2021
https://www.oktal-pharma.rs/ retrieved June 12, 2021
https://www.mylan.rs/ retrieved June 12, 2021
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http://www.pharmas.rs/kontakt/ retrieved June 12, 2021
https://pharmanova.rs/ retrieved June 12, 2021
http://www.inpharm.rs/ retrieved June 12, 2021
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Objavljeno
2022/05/17
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