Linking just in time to financial statements profitability analysis based on duality properties

The purpose of this paper is to analyze the impact of Just-in-time (JIT) strategy in profitability analysis by introducing the dual concept of monetary unit and a value transformation in financial statements items. A rational and analytical method was used; the analysis is based on a transaction con...

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Autores:
Tipo de recurso:
Fecha de publicación:
2017
Institución:
Universidad del Rosario
Repositorio:
Repositorio EdocUR - U. Rosario
Idioma:
eng
OAI Identifier:
oai:repository.urosario.edu.co:10336/24333
Acceso en línea:
https://repository.urosario.edu.co/handle/10336/24333
Palabra clave:
Balance sheet
Dual concept
Financial engineering
Financial statements
Just in time
Profit
Rights
License
Abierto (Texto Completo)
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network_acronym_str EDOCUR2
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repository_id_str
spelling 2883306002020-05-26T00:11:47Z2020-05-26T00:11:47Z2017The purpose of this paper is to analyze the impact of Just-in-time (JIT) strategy in profitability analysis by introducing the dual concept of monetary unit and a value transformation in financial statements items. A rational and analytical method was used; the analysis is based on a transaction concept, which applies to JIT and figures in financial statements, a monetary unit value change in financial statements and a computation of financial ratios/measures that include value transformation. Results show that value-creation computation in JIT methodology includes a Dirac function, a value-creation function and a kernel for the time of the offer-demand match. Based on the dual concept of monetary units a value transformation for the monetary units involved in profitability computation is included; it encompasses another kernel to find the new values of monetary units. The transformation applies to the computation of measures and ratios such as gross profit, operating profit, income, return on assets, return on equity, and return on investment; consequently, the computation of this measures/ratios changes when introducing the dual concept of monetary units. © Research India Publications.application/pdf9734562https://repository.urosario.edu.co/handle/10336/24333engResearch India Publications14313No. 2414307International Journal of Applied Engineering ResearchVol. 12International Journal of Applied Engineering Research, ISSN:9734562, Vol.12, No.24 (2017); pp. 14307-14313https://www.scopus.com/inward/record.uri?eid=2-s2.0-85057643567&partnerID=40&md5=54a010c3c7fb50a82510bae6f9f82306Abierto (Texto Completo)http://purl.org/coar/access_right/c_abf2instname:Universidad del Rosarioreponame:Repositorio Institucional EdocURBalance sheetDual conceptFinancial engineeringFinancial statementsJust in timeProfitLinking just in time to financial statements profitability analysis based on duality propertiesarticleArtículohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501Juárez, Fernando10336/24333oai:repository.urosario.edu.co:10336/243332022-05-02 07:37:16.678527https://repository.urosario.edu.coRepositorio institucional EdocURedocur@urosario.edu.co
dc.title.spa.fl_str_mv Linking just in time to financial statements profitability analysis based on duality properties
title Linking just in time to financial statements profitability analysis based on duality properties
spellingShingle Linking just in time to financial statements profitability analysis based on duality properties
Balance sheet
Dual concept
Financial engineering
Financial statements
Just in time
Profit
title_short Linking just in time to financial statements profitability analysis based on duality properties
title_full Linking just in time to financial statements profitability analysis based on duality properties
title_fullStr Linking just in time to financial statements profitability analysis based on duality properties
title_full_unstemmed Linking just in time to financial statements profitability analysis based on duality properties
title_sort Linking just in time to financial statements profitability analysis based on duality properties
dc.subject.keyword.spa.fl_str_mv Balance sheet
Dual concept
Financial engineering
Financial statements
Just in time
Profit
topic Balance sheet
Dual concept
Financial engineering
Financial statements
Just in time
Profit
description The purpose of this paper is to analyze the impact of Just-in-time (JIT) strategy in profitability analysis by introducing the dual concept of monetary unit and a value transformation in financial statements items. A rational and analytical method was used; the analysis is based on a transaction concept, which applies to JIT and figures in financial statements, a monetary unit value change in financial statements and a computation of financial ratios/measures that include value transformation. Results show that value-creation computation in JIT methodology includes a Dirac function, a value-creation function and a kernel for the time of the offer-demand match. Based on the dual concept of monetary units a value transformation for the monetary units involved in profitability computation is included; it encompasses another kernel to find the new values of monetary units. The transformation applies to the computation of measures and ratios such as gross profit, operating profit, income, return on assets, return on equity, and return on investment; consequently, the computation of this measures/ratios changes when introducing the dual concept of monetary units. © Research India Publications.
publishDate 2017
dc.date.created.spa.fl_str_mv 2017
dc.date.accessioned.none.fl_str_mv 2020-05-26T00:11:47Z
dc.date.available.none.fl_str_mv 2020-05-26T00:11:47Z
dc.type.eng.fl_str_mv article
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.coar.fl_str_mv http://purl.org/coar/resource_type/c_6501
dc.type.spa.spa.fl_str_mv Artículo
dc.identifier.issn.none.fl_str_mv 9734562
dc.identifier.uri.none.fl_str_mv https://repository.urosario.edu.co/handle/10336/24333
identifier_str_mv 9734562
url https://repository.urosario.edu.co/handle/10336/24333
dc.language.iso.spa.fl_str_mv eng
language eng
dc.relation.citationEndPage.none.fl_str_mv 14313
dc.relation.citationIssue.none.fl_str_mv No. 24
dc.relation.citationStartPage.none.fl_str_mv 14307
dc.relation.citationTitle.none.fl_str_mv International Journal of Applied Engineering Research
dc.relation.citationVolume.none.fl_str_mv Vol. 12
dc.relation.ispartof.spa.fl_str_mv International Journal of Applied Engineering Research, ISSN:9734562, Vol.12, No.24 (2017); pp. 14307-14313
dc.relation.uri.spa.fl_str_mv https://www.scopus.com/inward/record.uri?eid=2-s2.0-85057643567&partnerID=40&md5=54a010c3c7fb50a82510bae6f9f82306
dc.rights.coar.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.rights.acceso.spa.fl_str_mv Abierto (Texto Completo)
rights_invalid_str_mv Abierto (Texto Completo)
http://purl.org/coar/access_right/c_abf2
dc.format.mimetype.none.fl_str_mv application/pdf
dc.publisher.spa.fl_str_mv Research India Publications
institution Universidad del Rosario
dc.source.instname.spa.fl_str_mv instname:Universidad del Rosario
dc.source.reponame.spa.fl_str_mv reponame:Repositorio Institucional EdocUR
repository.name.fl_str_mv Repositorio institucional EdocUR
repository.mail.fl_str_mv edocur@urosario.edu.co
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