Research On Accounts Receivable Management Of YG Company

Accounts receivable is the uncollected payment formed by the enterprise and is an important part of the enterprise’s current assets.Whether its management is closely related to the long-term development of the enterprise.The external business environment of many enterprises has undergone profound changes,the market structure from the enterprise-led seller market gradually transformed into the consumer-led buyer’s market,industry competition.In order to survive in the change,to play a competitive advantage,expand market share,companies have tried to sell in installments,credit and other credit transactions.However,in the process of credit sales,enterprises are facing new dilemmas.A large number of accou’nts receivable so that corporate funds are free to take,can not be timely return.Not only difficult to meet the needs of their own cash flow,but also lead to increased risk of bad debts,profit quality is affected.In fact,a large number of literature shows that China’s enterprises in the accounts receivable management there are many deficiencies,the average bad debt rate as high as 10%,20 times the European and American enterprises.Domestic enterprises in the market environment tightening,shrinking demand,operating difficulties increase the situation,only to actively improve the quality of accounts receivable,improve the efficiency of the use of funds in order to ensure the sustained and healthy development of enterprises.Therefore,it is of practical significance to study the current situation of accounts receivable management in Chinese enterprises.This paper has six parts,the first part from the research background and research significance,the collection of accounts receivable management of the literature were summarized,illustrates the content of this article and research ideas,the article innovation point;the second part is the relevant theoretical links,Mainly about the related concepts and theories of accounts receivable management;the third part is the first brief introduction to YG company,and then introduce YG’s accounts receivable management status;the fourth part is the YG company accounts receivable management exists This paper puts forward the improvement measures of YG’s accounts receivable management based on the theory of accounts receivable management,and analyzes the problems in the management of accounts receivable in YG Company.In the fifth part,The sixth part summarizes the article,also points out the shortcomings of the article,and briefly describes the direction of the next research.The innovation of this paper is to analyze the current situation of YG’s accounts receivable from the perspective of balance sheet and profit statement,asset quality evaluation angle and accounts receivable risk,and conclude that the quality of accounts receivable of YG is low Conclusion,through the combination of theory and practice,YG company accounts receivable management issues and causes in-depth analysis,and put forward improvement measures to make the research results have strong theoretical value,practical significance and operability.This paper analyzes the problems of accounts receivable management of YG Company through the theory of accounts receivable management,and puts forward some countermeasures to improve the accounts receivable management of enterprises in China.