The Accounts Receivable Management Research In PY Tower Crane Rental Company

Accounts receivable management is the company in the transaction activities to take credit sales,the generation of unrecovered funds,is a current asset,the current asset management,and accounts receivable can be properly managed,related to the company's future level of development.It can be seen that the external development conditions faced by the company have changed.In the past,the market dominated by the seller has gradually become the buyer's market,and the competition level has intensified.In order to cope with market challenges,give full play to their comparative advantages and steadily increase their market share,enterprises tend to provide services such as installment payment and credit sales.But such credit deals can create new risks.Accounts receivable reach a certain scale,occupy more company funds,and will not pay interest,capital turnover efficiency is low.On the one hand,it cannot meet the capital turnover demand of enterprises,and may lead to bad debt risk,which is not conducive to the steady improvement of profit margin of enterprises.According to the analysis of existing research theories,domestic enterprises' low level of accounts receivable management has led to a series of problems.The average bad debt rate is about 10%,which is 20 times higher than that of developed countries.At present,the domestic economic development has entered the new normal,the demand is reduced,enterprises are facing greater development pressure,the need to optimize the quality of accounts receivable,proper capital allocation,in order to be invincible in the market,to achieve smooth operation.Therefore,this paper explores domestic accounts receivable management,can bring some positive impact.This study refers to the conclusion of domestic and foreign researchers on accounts receivable management and selects data that can explain the quality of accounts receivable relatively well.Thus,choose Shanghai PY tower crane rental company to research,summarized the enterprise accounts receivable management level at the present stage,exposed the defects,the component quality evaluation index system of account receivable,and specifically include: current assets proportion of accounts receivable,accounts for the proportion of main business income scale,growth rate,the main business revenue growth,etc.,to explore the current accounts receivable existence situation,can see PY company,the existing problem,specifically: The quality of accounts receivable is low,no sound credit management department structure has been set up,no reasonable and feasible credit policy has been made,no statistical management has been made for customer information,and the collection mode needs to be improved.The research process and the conclusion have the very good reference significance to the company accounts receivable management,to other similar heavy machinery enterprise,also has the certain reference value.