The Working Capital Management Research Of TSL Company

Working capital is the key to support the production and operation of an enterprise,and effective working capital management can promote the high-speed operation of working capital among various business activities and enhance the value created by various business activities,thus promoting the high-speed development of the enterprise.Therefore,it is very important for the development of enterprises to strengthen the management of working capital.In recent years,with the slow growth of the pharmaceutical industry and the strict control of pharmaceutical policies,the competition among pharmaceutical manufacturing enterprises has increased.As a pharmaceutical manufacturing enterprise,TSL Company should strengthen the management of working capital if it wants to win the first place in the fierce competition environment.In this paper,TSL Company is taken as the research object to conduct in-depth research on TSL Company's working capital management,aiming at improving the current situation of TSL Company's working capital management,enhancing the effect of TSL Company's working capital management and enhancing its market competitiveness.Firstly,the article combs the domestic and foreign literature of working capital management,and understands the core content of working capital management from the contents,methods and evaluation of working capital management and channel-based working capital management.On this basis,combined with the relevant theories of working capital management,the current situation and existing problems of TSL company's working capital management are analyzed.Secondly,the paper introduces the efficiency coefficient method to analyze and evaluate the effect of the company's working capital management,establishes the evaluation system according to the selected indicators,calculates the weight of each index by using the analytic hierarchy process,and gets the index after processing the index data,So we can get whether there are risks in the management of the company's working capital and the size of the risks,and then verify the problems in the management of the company's working capital.Finally,the article aims at the deficiencies in TSL Company's working capital management,and gives relevant optimization suggestions and safeguard measures from the perspective of channels.