| Autor: |
PRABHAVATHI, Y., SIDDAYYA, GIRISH, M. R., GANAPATHY, M. S., SHARIF, MAHIN, CHANDRA, C. T. RAMA |
| Předmět: |
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| Zdroj: |
Mysore Journal of Agricultural Sciences; Oct-Dec2022, Vol. 56 Issue 4, p331-341, 11p |
| Abstrakt: |
The assessment of financial performance of farmer producer companies (FPCs) will provide deeper insights regarding management efficiency and organization health. Besides, performance of FPCs is vital for long run sustainability. In this context the present study aims to assess the performance of eight FPCs from 2018 to 2021 operating in the state of Andhra Pradesh through growth rates and financial ratios. Due to uncertainty in logistics operations in view of COVID 19, FPCs reported a decline in sales growth in 2021 compared to 2020. However, all FPCs except FPC 8 had shown improvement in sales and assets since their incorporation. The liquidity positions and operating efficiency of the FPCs were found satisfactory except FPC 8, while a shift towards equity finance from debt finance was observed through solvency ratios. Due to growth in operating expenses, a decline in the profitability of FPCs has been observed over the study period. The performance scores obtained through compiling of all financial ratios indicated that FPC 5 had better performance while that of FPC 8 had poor performance. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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