Perspective evaluation of a poultry-breeding enterprise financial resources based on seasonal decomposition

Abstract

© International Research Publication House The authors used prospective estimates of revenue and accounts receivable, obtained on the basis of an additive trend-seasonal model, to forecast the poultry enterprise financial resources. The study highlights the fact that the classical decomposition of the trend-seasonal model into trend, seasonal and random components is possible and convenient for forecasting the financial resources of a poultry enterprise that has a seasonality in production. The forecast estimates presented in the article confirmed the main hypothesis of the study – if there are objective seasonal fluctuations for a poultry enterprise, there is a tendency to increase sales revenue and accounts receivable due to limited customer liquidity. The results of the obtained empirical estimates confirmed the practical use feasibility of an additive trend-seasonal model based on the classical decomposition for predicting the financial resources of a poultry enterprise.