The relation of operating costs and the economic productivity of assets according to the type and scale of activity in food enterprises

The aim of the study is to determine the relation of operating costs to revenues from operating activities and economic productivity of assets depending on the type and scale of companies’ activity in the food sector. The research was carried out using the indicator of the level of operating costs to operating income, as well as the indicator of economic productivity of resources, measured by the ratio of operating result to average annualassets. The research included 175 companies of Polish food sector with revenues exceeding EUR 5 million per year from 2009 to 2017. It was found that at the operational level, the ratio of costs to revenues depended on the type of activity of the enterprise and raised with the increase in its scale. The dependence of the economic productivity of assets on the ratio of operating costs to operating income decreased along with the increase in the scale of the company’s operation. It was also noted that the level of operating costs did not independently affect the size of the economic productivity of assets of food sector enterprises.