Financial cycle is a big and important concept in large and even small industries in the world.
The turnover tells you how the balance of your business is in this particular sector and the volume of profit and loss of working capital and the dynamic of dormant capital are determined in the turnover package. For example, in 2016, only the turnover of Iran’s furniture sector reached 500 billion dollars according to financial forecasts. This significant number shows that the furniture industry plays a key role in the overall turnover of the Iranian economy. For most investors, traders and dealers in the field of furniture and decoration, it is important to determine the exact number of turnover. Therefore, each collection extracts this number at the end of its financial year; Of course, at the beginning of each financial year, they make forecasts of the forward turnover, which are either realized or not realized.Iran’s furniture and decoration industry and trade sector is divided into several sub-sectors such as wood industry, textile industry and glass industry, and the fast and high turnover in the furniture industry includes the volume and speed of working capital of all these sectors. take The injection of new resources in many groups active in this field is only to increase the volume of working capital and usually increase profitability. But in these years, due to the general economic stagnation prevailing in Iran, the furniture industry has still maintained its profitability, and this shows the consistency and deep roots of this sector..
Many times, the turnover of the furniture industry of countries like Turkey and Italy is compared to Iran as a competitor. The interesting point is that the profit from this turnover of these countries was more than the net sale of our oil in one year, and this is only one part of their thousands of economic sectors.
Turnover can be defined daily, monthly, annually, and several years, and the economic pyramid and economic growth or decline will be clearly shown on the graph, and you can find the reasons for the decrease or increase of your turnover in certain months, days, and hours. Extract transparent face. Financial turnover originates from financial goal setting.
Without financial goals, you will never go towards increasing working capital and, of course, the increased net profit resulting from that amount of capital. Return of capital along with profit from the amount of working capital expected by the businessman or employer of this sector; But due to Iran’s economic instability and high fluctuations, sometimes it is not realized. Dormant capital is the opposite of circulating capital, which can enter the flow of circulating capital or remain unused as dormant capital.
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