Information agency Credinform prepared a ranking of the largest Russian private postal and courier companies on assets turnover.

The companies of postal and courier services with the highest volume of revenue were selected for the ranking, according to the data from the Statistical Register for the latest available accounting period - for the year 2014 (TOP-10). FSUE Russian Post is not included in the TOP-10, because it, as a government institution, occupies a leading position and significant market share. Enterprises of the rating are ranked by assets turnover from the maximum to the minimum rate of turnover for the year. (Table 1).

Assets turnover (times) is calculated as the relation of sales revenue to company’s average total assets for a period and characterizes the effectiveness of using of all available resources, regardless the source of their attraction. The ratio shows how many times per year the full cycle of production and circulation is performed, making a profit.

For getting of the most comprehensive and fair picture of the financial standing of an enterprise it is necessary to pay attention not only to assets turnover, but also to all available combination of its ratios, financial and non-financial indicators.

The company with the highest revenue for 2014 - SPSR- EXPRESS LLC, took the ninth place of the ranking. The share of this firm in total revenue of TOP-10 companies made 43%.

SDEK-MSK LLC shows the best indicator of assets turnover. At the same time it has also the largest in TOP-10 revenue gain compared to the previous accounting period.

Half of companies from the TOP-10 showed a decrease in net profit in 2014 and among them are EMS GARANTPOST LLC and EKSPRESSDOSTAVKA 77 LLC, which let also, in addition, the reduction in revenue.

In general, on the combination of financial and non-financial indicators, eight companies from TOP-10 got the highest or high solvency index Globas-i. It testifies that they can pay off their debts in time and fully.

EKSPRESSDOSTAVKA 77 LLC got satisfactory solvency index Globas-i due to the availability of information about cases of delayed payments and financial difficulties at year-end 2014г.

O-COURIER LLC got unsatisfactory solvency index Globas-i due to the receipt of information in 2016 that the company is in the process of reorganization in the form of merger with another legal entity. In 2012 – 2015 the enterprise got consistently high solvency index Globas-i.

The average value of assets turnover in the TOP-10 group was 4,01 times in 2014. Russia's the largest postal operator - FSUE Russian Post, not included in this ranking, showed the asset turnover of 0,54 times in 2014.

Seven companies from TOP-10 have a share of foreign capital from 99% to 100%.

In general, the industry of postal and courier services works effectively, showing increasing rates of revenue (Table 2.)

The total amount of revenue of TOP-10 companies for 2014 made 12 028 mln RUB, that is by 15% more than in 2013. This is significantly higher than the industry average for this period (Picture 2).

The industry of courier and postal services is characterized by a pronounced concentration of companies in Moscow. According to the Information and analytical system Globas-i, 50 the largest companies in terms of revenue for 2014 are registered in 16 regions of the country. The largest number of them is registered in the following regions (TOP-5 Regions):