Using the Multi-Factor Multiplier of Turnover of Current Assets in Management of Enterprise’s Competitiveness

The necessity of analyzing of turnover of current assets and studying of influence of factors forming it, with the purpose of development of managerial decisions on improvement of results of managing and strengthening of competitive positions of enterprise in market are substantiated. Based on the experience of the DuPont System of Analysis, a detailed formula for calculating by means of mathematical transformations the turnover coefficient of the company’s current assets is proposed, which by its content and impletion is more informative for making decisions on increase of efficiency of use of current capital of enterprise. A deterministic factor analysis of the multi-factor multiplier of turnover of current assets was carried out on the example of a particular production plant, as a result of which the reserves of improving the use of available current assets of the entity have been identified and ways of their implementation have been suggested.