The Analysis of the Operative Profit Margin of Trade Companies in Serbia

Abstract

Both theoretical and practical importance has recently been attached to an analysis of the operating profit margin as a measure of the long-term performance of companies. In the integrated financial reporting it is presented through various indicators based on it. In view of this, we have made a comparative analysis of the operating profit margin and its impact on the performance of trade companies in Serbia and comparable countries. The general conclusion is that it shows a growth tendency and is, nevertheless, lower in comparison to trading companies from countries of a developed market economy. In order to increase the operating profit margin, as a measure of long-term performance, it is necessary to manage the financial structure of the trading companies in Serbia as effectively as possible.

Evaluation of the performance of trading companies in Serbia using the FF-WASPAS and WASPAS methods

“…There is an increasing body of literature dedicated to measuring and analyzing the performance of trading companies using multi-criteria decision-making methods (Ayçin et al, 2021: Popović et al, 2022Ecer & Aycin, 2022;Mishra et al, 2022;Nguyen et al, 2022;Rani et al, 2022;Toslak et al, 2022;Shanmugasundar et al, 2022;Saticı, 2022;Keshavarz-Ghorabaee et al, 2021). This is also the case with literature in Serbia (Lukic & Hadrovic, 2019Lukic $ Kozarevic, 2021;Lukic, 2020Lukic, , 2021aLukic, ,b,c,d,e, 2022aLukic, ,b,c,d,e,f,g,h, 2023Lukic et al, 2020a,b). In this work, it serves as a theoretical, methodological and empirical basis for conducting comprehensive research on performance factors of trading companies in Serbia.…”

The Availability of Financial Sources to Small and Medium-Sized Enterprises From Non-Banking Institutions in the Republic of North Macedonia

“…In this context, some works are dedicated exclusively to the econometric analysis of inventory in retail (Adebayo, 2017;Gaur, 2003;Gaur, 2005;Kolias, 2011;Krishnankutty, 2011;Kalan, 2020;Knežević, 2015;Masadeh, 2018 ) . In the relevant literature of Serbia, the problem of working capital and the sources of their financing of trade in Serbia were investigated (Lukić, 2011;Lukic, 2015;Lukic, 2019a,b;Lukic, 2020a,b;2021a,b, 2022a. All of them serve, in this work, as a theoretical-methodological and empirical basis for researching the issue of analysis of trade liquidity factors in Serbia in the period 2013 -2021.…”

The Relationship Between Expenditure and Labor Productivity

“…It is also acceptable for consumers, who are in the focus of trade business. Knowing the size and structure of trade costs is a prerequisite for achieving (more efficient management, in addition to sales revenue) target profit.Given the importance of literature, the literature is very rich in analysis of the size and structure of trade costs ( Berenguer -Contrí, 2009;Edvardsson, 2021;Hamermesh, 2021;Krisnadewi, 2020;Malenkov, 2021;Sokolov Mladenović, 2019;Berman, 2018 ;Levy, 2019 ;Lukić, 2011Lukić, , 2020Lovreta 2021;Horobet, 2021;Gustafsson, 2021, Lukic, 2022a. The existing relevant literature in this paper serves as a theoretical-methodological and empirical basis for a complex comparative empirical analysis of total operating costs (costs of goods sold and operating costs) of trade between the European Union and Serbia (Horobet, 2021).…”