Research On Working Capital Management Of GW Automotive Company Limited

Under the environment of rapid economic development,enterprises are increasingly competitive.If they want to keep developing and improving in the fierce competition,they must maintain the capital of sustainable development at all times.If they want to maintain normal operation,they must have appropriate working capital.However,in real life,too many companies do not pay enough attention to the management of working capital,or lack of a good model of working capital management,leading to the collapse of enterprise capital chain,causing serious consequences,so the study of working capital management is very important,but also has strong practical significance;The main purpose of the study is to use the performance indicators of working capital management to identify the problems of the company and find solutions to them,both individually and in general,to provide practical suggestions for the development of enterprises in the same industry.which have strong practical significance and guiding value.Based on a lot of literature on working capital management at home and abroad,this paper summarizes the current situation of working capital research at home and abroad and the latest progress of working capital management based on value chain perspective.Then,with the guidance of the latest theory,compared with the industry standard enterprises,the current situation and problems of GW Automobile Co.,Ltd.are analyzed and calculated according to the factors,and the financial indexes of GW Automobile Co.,Ltd.are calculated,such as account receivable turnover,inventory turnover and accounts payable turnover respectively.of GW Automobile Co.,Ltd are calculated respectively,so as to find out the problems.Then the comparison and analysis with the industry benchmark company L,more in-depth discovery of GW auto stock limited company existing problems;According to the problems found in these analyses and calculations,combining the relevant theories of value chain management,emphasizing the management of stakeholders,broadening the scope of working capital management based on value chain management,and discussing the proposal of optimizing working capital management of GW Automobile Co.,Ltd.,in order to provide practical and concrete optimization measures for GW Automobile Co.,Ltd.to achieve better development,so that the company can achieve better and faster development.