Research On Account Receivable Management Of LT Company

China's economy has enterd a period of new normal at this stage.It has been transformed form extensive growth into a high-efficiency,low-cost and sustainable medium-high-speed growth sta.ge.In addition,China put forward the plan of "made in China 2025" in 2015,the traditional manufacturing industry relying on labor is gradually going to the depression.New economic development models such as intelligent manufacturing,Internet and Sharing economy have achieved good results.The competition between enterprises has become increasingly fierce.In order to rapidly expanding market share,keep ahead of the competition,many companies actively adopt the way of credit sales.Although this model can make the sales of enterprises increase on a large scale at short notice,In fact,it is a curse for the sustainable development of enterprises.LT is a company that produces percussion instruments.Over the past few years,LT has adopted a more radical sales model because of the increasingly fierce competition among its local counterparts and the diversification of customers' needs.It has brought about an increase in sales revenue,but at the same time,it has also led to a high receivable.Accounts receivable occupy a large number of working capital of enterprises,which is likely to make enterprises fall into dilemma of cash flow.Therefore,this paper made a perspective of the situation of the company's accounts receivable management,fund out the crux of the management problem,and combined with the advanced theory of accounts receivable management at home and abroad,has developed a set of accounts receivable management strategies suitable for LT company.Through the analysis and evaluation of LT company's,This paper expects to establish a relatively perfect system of accounts receivable management.It can not only improve the liquidity of company assets and the efficiency of resource utilization,but also enhance the risk awareness of enterprise accounts receivable management and the practical ability of enterprise operation management.Further,It can provide some suggestions on how to strengthen the management of accounts receivable for SMEs in transition and upgrading.