Performance Evaluation Of Working Capital Management Of H Electric Appliance Company

Since the 21 st century,China's economy has been booming and made remarkable progress.It has become the world's second largest economy after the United States.As an integral part of the market economy,enterprises are the main participants and outstanding contributors of economic activities.The development of enterprises can promote the development of economy and drive the progress of society.With the development and progress of economy and society,the competition between enterprises becomes more and more fierce.In order to stand out in the fierce competition,attention to working capital is essential.Working capital can maintain the normal operation of the enterprise,and is crucial to the development and expansion of the enterprise.H electric appliance company is a household appliance manufacturing company,mainly engaged in the research and development,production and sales of television sets.These activities cannot be separated from the support of funds.It can be seen that for H electric appliance company,the healthy operation of working capital is very important.The healthy operation of working capital is inseparable from the management of working capital.The higher the management level of working capital,the better the operating efficiency of working capital.Correct evaluation of working capital management performance can truly reflect the level of enterprise management of working capital.Therefore,the main purpose of this paper is to comprehensively and correctly evaluate the working capital management performance of the target enterprise H electric appliance company.Through analyzing the current evaluation system of the target enterprise,find out its advantages and disadvantages.In view of its existing problems,combined with the research results at home and abroad,efforts are made to build a new evaluation system suitable for H electric appliance company.In the process of reconstruction,the existing evaluation indexes are screened,and the defects are corrected,and then new evaluation indexes are added according to the deficiencies.After constructing the new evaluation index,the analytic hierarchy process(ahp)is used to assign its weight.Finally,it evaluates the working capital management performance of the target company in recent five years and puts forward relevant optimization measures to improve the working capital management level of the target company.