The financial performance of the General Company for Agricultural Supplies in Iraq for the period 2004-2019

Abstract

This Research deals with the Incomes & Outcomes, the Commercial Activities & Human Resources  of the State Company of Agricultural Supplies for the period from 2004 – 2019 , and the equipment   which it provides that serves subsequently  the Agricultural Sector in the country. The Study Depends on the Financial Lists of the Federal Financial Supervision Bureau  which contains the Essentials , Incomes , Outgoings , Profits and also the data from the departments of Planning , Accounting , Marketing , Trading , and Administration , of the Company , as well as the personal interviews that the researcher made with the concerned sides and persons .    During the Company's  activity , it Achieved Total Net Profit of 614942302104 ID , Its maximum Profit Margin was in the year 2006 with a value of 113045918223 ID , with a maximum development with the base year (2004) ratio 329,027 %, while it suffered from a Trade Deficit in the year 2015 of a value 10625860280 ID with the development ratio of -140,327 %  with the base year . The maximum Gross Profit Ratio was in the year 2010 of 59,26 % and its lowest ratio was in the year 2015 of -8,406 %. The maximum Return to Assets was in the year 2005 with a ratio of 12,67% with a development ratio of 341,74% , While the year 2015 witnessed the worst ratio of -0,84% with a development ratio of -129,217%. The Return on Common Equity also had its maximum ratio in the year 2005 with 105,774%, while it dropped to its less value in 2015 of -11,128%.The Total Revenue of the Current Activity for the period of study was 2456970276934 ID , its maximum rate was in the year 2019 with 292319780523 ID with a development Ratio of 195,8 %, while the minimum revenue was in the year 2014 with a rate of 78271387483 ID with a development ratio of -20,8 % .The company's Total Essential reached its maximum rate at the year 2018 with 1480395193331 ID , while its minimum rate was in the year 2005 with 782569009819 ID . The maximum Inventory Turnover was in 2006 with a rate of 2,6  , at the same time it gave a minimum average retention period of 144 days , while the minimum Inventory Turnover was in the year 2018 with a rate of 0,45 with a maximum retention period of 800 Days .The best average collecting period was marked at the year 2006 with a rate of 659 days while the worst was in the year 2017 with a rate of 1825 days.Moving to the Fixed Assets Turnover we،ll notice that the maximum rate was in the year 2005 with 79,757 while the minimum rate was in the year 2014 with 5,523. The maximum Total Assets Turnover was in 2006 with a rate of 0,25 , and the minimum was in 2014 with a rate of 0,067 .The company's maximum Current Ratio  was in the year 2007 with 1,16 , while the minimum ratio was in 2004 with an average of 1,065 . The maximum Quick Ratio was marked in the year 2011 with an average of 1,03 , while it dropped to its minimum rate at 2016 with 0,782 .Lastly , the maximum Debt Ratio was in 2004 with an average of 0, 937 , while the best rate was marked at 2007 with a rate of 0.86 , and about the Debt to Equity Ratio the maximum rate was also marked in 2004 with an average of 14,821 and the minimum in 2007 with an average of 6,097