FINANCIAL PERFORMANCE IN MEAT AND POULTRY MANUFACTURING AND WHOLESALING: AN HISTORICAL PERSPECTIVE
Michael A. Hudson,
Matthew W. Hughes and
David A. Lins
Journal of Food Distribution Research, 1988, vol. 19, issue 2, 12
Abstract:
The financial performance of meat and poultry manufacturing and wholesaling firms is examined for the period from 1970 to 1986. Measures of liquidity, solvency, profitability, cash generation, and efficiency reported in the Robert Morris Associates Annual Statement Studies are used to examine relative performance across the different industries. The results suggest a similar performance in the wholesaling and manufacturing industries across the period in terms of liquidity. Profitability levels are similar for meat and poultry firms, although the poultry firms show a higher level of variability across the period. It appears that poultry firms leveraged themselves relatively more than did meat firms during the period. In terms of cash generation and efficiency the meat manufacturing industry performs slightly better than the other industries.
Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 1988
References: Add references at CitEc
Citations:
Downloads: (external link)
https://ageconsearch.umn.edu/record/26955/files/19020063.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ags:jlofdr:26955
DOI: 10.22004/ag.econ.26955
Access Statistics for this article
More articles in Journal of Food Distribution Research from Food Distribution Research Society Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().