ТОP-10 of refrigerator manufacturers by credit period
Information agency Credinform has prepared a ranking of the largest Russian manufacturers of refrigerators and ventilation equipment. The largest enterprises (TOP-10 and TOP-1000) in terms of annual revenue were selected according to the data from the Statistical Register and the Federal Tax Service for the available periods (2017-2019). Then the companies were ranged by credit period (Table 1). The analysis was based on the data from the Information and Analytical system Globas.
The ratio reflects the process of debt repayment to counterparties; it is calculated for the evaluation of cash flows, which allows to draw conclusions on company’s effectiveness and the chosen financial strategy.
The lower the indicator, the faster the company pays the supplier's bills. An increase in turnover may indicate about the problems with bills payment as well as more effective relationships with suppliers, which provide more profitable, deferred payment schedule and use accounts payable as a source of cheap financial resources.
For the most full and fair opinion about the company’s financial position the whole set of financial indicators and ratios should be taken into account.
|Name, INN, region||Revenue, million RUB||Net profit (loss), million RUB||Credit period, days||Solvency index Globas|
|LLC KONTUR K
INN 6952027776 Tver region
|3 346||3 831||387||139||24,27||21,02||275 Medium|
INN 1215013114 Mari El Republic
|3 563||4 227||199||415||33,36||29,24||184 High|
INN 5017050538 Moscow region
|17 631||19 433||466||786||47,07||50,30||210 Strong|
INN 7720040225 Moscow region
|7 679||9 246||1 043||1 126||43,01||51,72||182 High|
|LLC Frigoglass Eurasia
INN 5752019857 Oryol region
|7 179||9 546||717||1 206||70,85||65,92||218 Strong|
|LLC GEA Grasso Refrigeration
INN 7719217750 Moscow
|3 544||6 021||211||694||135,66||107,55||215 Strong|
|UBC COOL-B LTD
INN 3120083886 Belgorod region
|4 478||3 820||290||77||87,94||112,60||239 Strong|
INN 5074048366 Moscow
|3 095||3 606||1||2||111,26||119,08||281 Medium|
INN 5001000066 Moscow region
|6 182||9 927||863||-633||253,25||194,26||293 Medium|
|JSC URAL PLANT OF CHEMICAL MACHINE-BUILDING
INN 6664013880 Sverdlovsk region
|5 787||5 057||145||36||224,20||230,90||291 Medium|
|Average value for TOP-10 companies||6 248||7 471||432||385||103,09||98,26|
|Average value for TOP-1000 companies||198||200||7||10||299,39||346,76|
growth of indicator in comparison with prior period, decline of indicator in comparison with prior period
The average value of credit period for TOP-10 companies is better than ТОP-1000 value. In 2019, five companies improved the result in comparison with prior period.
Within 6 years, the TOP-1000 average indicators of credit period showed the negative upward trend (Picture 2).