Research On Management Of Operating Capital Of L

The snack food industry has become a retail star in recent years.The retail sector's declining ROI is a result of new foreign entrants to the Chinese market and increased competition among domestic players in the same industry.Therefore,the effective control of working capital is particularly important.The main consumers of leisure food are residents,whose consumption demand is expanding day by day and their requirements are also improving.Therefore,the phenomenon of large inventory,various types of food and frequent cash sales usually exists in the industry.To sum up,although the receivables of working capital of leisure food industry are relatively small,there are still problems such as large inventory scale,uncoordinated channel development and large cash demand.Taking L as the research object,this paper makes a deep research on the working capital management of L.First of all,through the study of working capital management related literature at home and abroad,learning working capital management related factor management theory and channel management theory.Secondly,it deeply analyzes the general situation of L and the development status of leisure food industry,compares and analyzes the advantages and disadvantages of the competition between L and the same industry,and then makes a clear elaboration on the internal working capital structure of L from the aspects of factor type and channel type management.At the same time,this paper analyzes the operating capacity of L through its solvency and asset turnover capacity,and makes a comprehensive comparison with companies in the same industry.In this way,the problems of high inventory cost risk,large fluctuation of cost and expense,uncoordinated channel development and so on in the aspect of working capital management are found out,and the reasons for the problems are found out.Finally,this paper puts forward some feasible Suggestions on improving inventory management,optimizing the internal structure of working capital and strengthening the management of management channels to solve the corresponding problems.While achieving efficient management of working capital,the company can achieve the goal of scale-up of scale and make a strong reference for companies in the same industry.