The Impact Of Turnover Rate Of Listed Real Estate Companies On Financial Performance Under The Background Of "High Turnover"

The real estate industry has the characteristics of large project investment and long capital recovery period.With the rapid rise in China’s housing prices in recent years,government regulation has also become an important influen ce in the industry market.Under this circumstance,the market risk of the real estate market is getting greater and greater.As an important means to deal with market risks,many real estate companies have taken the improvement of turnover rate as an important means to deal with market risks and rely on increasing turnover rate to cope with high fluctuation Sexual real estate market risk.But can high turnover effectively improve the financial performance of real estate companies?Therefore,this article conducts a study on th e impact of the turnover rate of listed real estate companies on corporate financial performance.This article selected the financial data of 100 real estate listed companies from 2013-2018 in the CSMAR database as a research sample,and used IBM SPSS20.0 to perform a factor analysis on the selected 14 dependent variable indicators to obtain a comprehensive finan cial performance evaluation indicator.Multiple linear regression is used to test th e relationship between the 7 independent variables and the comprehensive financial indicators one by one,and then draw the following conclusions:Match the accounts receivable turnover rate,accounts payable turnover rate,working capital turnover rate,fixed asset turnover rate,shareholder equity turnover rate with financial performance indicators to perfom five multiple l inear regressions,respectively and each of Sig values corresponding to the T-test are far less than 0.01,indicating that these five indicators have a significant positive correlation with financial performance.The inventory turnover rate and current asset turnover rate have no significant correlation,but the correlation coefficients are one positive and the other negative.To sum up,it can be concluded that the impact of turnover rate on financial performance is positively correlated,that is,a high turnover rate can lead to high financial performance of the company.Aiming at the above conclusions,this article gives suggestions from the aspects of real estate internal environment and external environment,which can help the management of the turnover rate of real estate companies,improve the efficiency of capital use,standardize the industry development model,and improve corporate financial performance.