Resarch On Midea Group Workingcaptial Management

For the rational management of funds for enterprises is of great significance, in which the working capital management is the top priority of capital management.Assuming that a business as a cell,the working capital of the importance of the enterprise is like the importance of water for the degree of cells, water maintenance of cell survival and division, working capital is to maintain the orderly operation of enterprises and sustainable development The Working capital is the most dynamic element of an enterprise's capital element. It has the characteristics of daily liquidity, the quickest change and the strongest turnover. Working capital turnover can best reflect the daily financial situation of enterprises, the quality of business operations and economic benefits. Every aspect of the daily activities of the enterprise is related to the working capital, and the excellent management of the working capital will affect the survival and development of the enterprise.This paper chooses Midea Group as the research object, and describes the working capital of the enterprises in 2013-2015. And use the channel and the elements of two kinds of working capital management theory to analyze its management situation. The paper analyzes the methods, policies and management effects of its working capital management, and compares the management level with the industry average level and other leading enterprises in the same industry. It is found that the working capital management of the group. exists in the inventory management accounts receivable management Problem, and the reasons for the specific analysis of the problem, and then combined with the problem and the reasons for analysis and put forward the corresponding recommendations.Midea Group is one of the top ten famous large household electrical appliance enterprises in China, and one of the most influential home appliance brands in China. It is the leading enterprise of home appliance industry. To study the problem of working capital management, hoping to learn from other household electrical appliance enterprises, at the same time to the United States to improve their own working capital management, optimize their working capital management system to improve the level of working capital management to provide valuable help Reference meaning and reference value.