MANAGEMENT APPRAISAL OF AN AGRI-BUSINESS UNIT-A CASE STUDY OF THE CENTRAL ARECANUT AND COCOA MARKETING AND PROCESSING CO-OPERATIVE LIMITED, MANGALORE
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Date
1999-08-30
Authors
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UNIVERSITY OF AGRICULTURAL SCIENCES GKVK BANGALORE
Abstract
Investigation was conducted to study the procedure
and costs involved in procurement and sale of arecanut, grades
and grading methods followed, development and growth pattern of
the co-operative over the years.
The primary data were collected by discussion with
personnels and personal observations. Secondary data were
obtained from the annual reports and records of the co
operative for ten years. Financial Ratio Analysis, Compound
Growth Rate Analysis, Regression Analysis were employed along
with other statistical tools such as percentages, averages etc.
Details of different grades and grading method were recorded.
channel for
of arecanut
no cost of
Channel-III
formed the
followed by
Three channels for procurement and one
sale of arecanut were identified. The quantity
procured was maximum in Channel-I (63.6%) where
procurement was incurred, which was maximum in
throughout the study period. Commission charges
major proportion (94.95%) of cost of procurement
delivery charges. The cost of sale was maximum for the produce
which was procured through channei-III where commission
charges of . procurement resulted in higher sales tax which
formed the major part. Six size based subgrades of main grade
'New Supari' in Mangalore, four subgrades of 'Saraku' and three
subgrades of 'Bette' In Shimoga four subgrades of 'Rashi* in
Sirsi were identified. Satisfactory levels of current ratio
(1.5754), acid-test ratio (0.46), inventory-turnover ratio
(3.3413), gross ratio (5.8134), net capital ratio (1.1963) were
obtained, whereas poor performance in profit based ratios such
as net profits to total assets (0.00069), net profits to
working capital (0.00025) was observed because of lower and
also of negative profits. Two fold increase in price as well as
quantity of arecanut handled resulted in the increase of
turnover by four folds. Almost all the financial indicators
showed the higher growth rate above ten, while lower growth
rates were observed in case of physical indicators.
There is a need to strengthen the procurement and
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