Research On Improvement Of Accounts Receivable Management Of Dingcheng Commercial Concrete Company

In recent years,under the background of increasing regional competition and the sharp rise of raw material prices,the commercial concrete industry has fully presented the characteristics of buyer's market,with increasingly fierce market competition in various regions.The commercial concrete production(hereinafter referred to as contractor)enterprises,in order to ensure their own survival and development and occupy a favorable market position,use credit sales on a large scale and adopt loose credit policies.However,most enterprises do not pay attention to the management of accounts receivable and lack management experience,which leads to many problems such as large scale of accounts receivable,long accounting period,high risk of bad debts,and lack of working capital,which limits the normal production and operation of enterprises and brings many risks to enterprises.Therefore,improving the management of accounts receivable has become an important issue to be solved in the commercial concrete production enterprises.This paper takes Dingcheng commercial concrete company,a private commercial concrete manufacturer,as the research object.The company has highlighted many problems in accounts receivable management.In the long run,it will affect the healthy and sustainable development of the enterprise.Based on the study of domestic and foreign scholars' literature,this paper first expounds the research background and significance of this paper,reviews and combs the relevant research literature at home and abroad,and introduces the research content and methods;Then briefly summarizes the theoretical basis of enterprise accounts receivable management;Moreover,combined with the industry background and company management status of Dingcheng company,a comprehensive analysis of the case company's accounts receivable management is made,and the problems existing in the case company's accounts receivable management are pointed out,as well as the causes and risks of the case company's accounts receivable management problems are analyzed;On the basis of the above,the last part of this paper formulates the overall framework and specific measures for the improvement of the Dingcheng company's accounts receivable management.Based on the “3+1” scientific credit management mode and combined with the actual situation of Dingcheng company,this paper establishes the overall framework of the receivables management of Dingcheng company,and puts forward specific improvement measures from the three stages of earlier stage management,medium-term management and later stage management of receivables.It is hoped that the research of this paper can help Dingcheng company get rid of the risks and obstacles brought by the receivables management problems to the development of the enterprise while the sales volume keeps growing,and promote Dingcheng company embarks on a road of sound development with proper scale of accounts receivable,abundant cash flow,low operational risk and high quality of earnings.