Study On Accounts Receivable Of The Listed Company Of Appliance In China

Accounts receivable is common but very important current assets of a company, the strength of accounts receivable's the mobility bearing on how much funds the enterprise can use, the speed of turning over of the funds, whether or not the company developing healthily. With the continuous development of market economy, especially the formation of a buyer's market, over-expansion of trade credit is vicious increasingly. With the existence of a large number of credits, make the company having an enormous sum of accounts receivable. The accounts receivable is just book income, but not translating into the real cash flow. It exaggerates the operating results and increases the risk of the enterprise. With existing of a significant quantity of timely recovering accounts receivable, make the enterprise's funds declining in the quality and make the enterprise's efficiency declining. It even leads to bankrupt. A large number of cases at home and abroad indicate that it is inestimable that the ability of the accounts receivable's risk and the consequence is shocked. In this paper, the author issue the listed company's of appliance accounts receivable.The thesis includes six parts.In the first part, the author introduces the background and significance of the research .Second, the author introduce the basic theory of accounts receivable, including the concept and the external reasons of accounts receivable. The internal reasons and external reasons cause accounts receivable. Such as the relationship between supply and demand exceeding demand, the convergent level of product technology, business competition, the imperfect credit system in China and so on are external reasons. Internal reasons are weak awareness of risk in a company and imperfect internal control. According to the analysis and calculation, we know that accounts receivable in the listed company of appliance have many problems such as too large accounts receivable, too fast rate of growth, the funds turning over slowly, poor mobility, aging. If we can not manage the accounts receivable efficiently, it causes that our fund can not turn over efficiently, to speed up the outflow of cash, increasing the cost of the enterprise, inflating assets, deteriorating the capital structure of the enterprise. In the forth part, we discuss the methods to solve the problems of accounts receivable in the listed companies of. appliance. First, we should strengthen the day-to-day management of accounts receivable. And then we can apply the special methods such as accounts receivable factoring, accounts receivable securitization. The basic way to solve the problems of accounts receivable in the listed company of appliance is that we should concord the purchasing power of consumers and the relationship between supply and demand fully and achieve a balance of production and output so that we can reduce the occurrence of accounts receivable. Furthermore, the case about a listed company has been analyzed. And finally the sixth chapter is the sum-up and shortcomings about the thesis.