Classification of debtors as the basis of a company’s credit policy
Abstract and keywords
Abstract:
An analysis has been made of the dynamics of the financial indicators of large enterprises on the basis of Rosstat data, demonstrating the prevalence of an aggressive credit policy. The directions of credit policy formation in terms of receivables management are considered. A number of methods of impact on debtors are presented. The fundamentals of commonly used economic methods are outlined in detail. The authors have demonstrated the principles of practical approaches to classifying debtors, stressing the importance of counterparties ranking for the credit policy of a company.

Keywords:
receivables, credit policy, receivables management, financial management, impact on debtors, economic methods, debtors’ classification
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References

1. “Civil Code of the Russian Federation: adopted by State Duma on October 21, 1994”. ConsultantPlus. (In Russian). N. d. Web. 02 March 2023. <https://www.consultant.ru/document/cons_doc_LAW_5142/>.

2. Mormul’ N. F., Enikeyeva S. A. “Systemic Approach to Receivables Management”. Ekonomicheskiye i sotsial’no-gumanitarnyye issledovaniya = Economic and Social Research 2 (6) (2015): 85—89. (In Russian). EDN: https://elibrary.ru/UACPVV.

3. Mormul’ N. F., Enikeyeva S. A. “The Role of Classifi cation in Receivables Management”. Ekonomicheskiye i sotsial’no-gumanitarnyye issledovaniya = Economic and Social Research 4 (8) (2015): 37—42. (In Russian). EDN: https://elibrary.ru/VEIMNL.

4. “Finances”. Rosstat: Federal State Statistics Service. N. d. Web. 09 Nov. 2022. <https://rosstat.gov.ru/statistics/finance>.

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