BARTER SİSTEMİNİN İŞLETMELERİN FİNANSAL BAŞARILARI ÜZERİNE ETKİSİNİN ORAN ANALİZİYLE İNCELENMESİ: BIST’TE UYGULAMA
EXAMINING EFFECT OF BARTER SYSTEM ON FINANCIAL SUCCESS OF ENTERPRISES WITH RATIO ANALYSIS: AN APPLICATION IN BIST

Summary/Abstract: Usage of barter fınance system in our country have showed increase, but have not become widespread yet. However, it can be told that impending expansionary period of barter system whose offered/promised benefits theoretically more than any other finance system in the world of commerce. It is stated that barter system provide more benefit than any other finance systems in economies where cash cycle, liquidity and profitability are insufficient; activities and investments are leveraged and crisis are experienced. In this reseach, level of correspondence of barter finance system’s theoretical benefits are aimed to be determined. Hence, changes in liquidity, operation and profitability ratios both in prebarter and post-parter period on the financial tables of two companies operand in BIST and determined as analyzable were bilaterally examined. In consequence of analysis, benefits of barter finance model such as “it contributes to increase of profits”, “it reinforces liquidity” and “it accelerates transformation of receivables and stocks to cash ” have not detected in the analysed textile company; and the only benefit of “it reinforces liquidity” has detected in the analysed construction company.

• Details
• Contents