D Company Accounts Receivable Risk Management Research

With the rapid development of China's market economy,the competition among enterprises is increasing day by day.In order to occupy the market,expand their sales volume and improve their profits,more and more enterprises often use credit line,that is,temporary credit to sell products,which leads to the existence of accounts receivable.However,the domestic credit system is not sound,and the large scale of accounts receivable also leads to the emergence of a large number of bad debts,which brings serious risks to the enterprise operation.How an enterprise scientifically controls the risk of accounts receivable and achieves the goal of profit maximization is worth deep thinking and research.Based on the case study of company D,according to the theory of credit management,accounts receivable risk control theory,such as accounts receivable financing theory as the theoretical basis,the management mode of company D accounts receivable,accounts receivable,turnover rate,the size of aging and bad debts has carried on the thorough analysis,find out the company D accounts receivable accounts receivable existing in the management of poor quality,low turnover rate,high cost of bad debts,credit system is not sound,lack of dynamic monitoring,risk transfer measures to such problems as incomplete,and application of analytic hierarchy process(ahp)from the ministry of environment risk,credit policies,internal management system,From four aspects of financial risk,the receivables risk of company D is comprehensively evaluated and countermeasures are explored :First of all,company D must pay attention to customer credit management.Establish an independent credit management department,formulate scientific and reasonable credit policies,and strictly abide by the credit limit of the credit management department and the contract approval process when signing the contract.Secondly,in the process of the project to track the customer's credit status in real time,to develop a strict receivables collection system,and to do a good job of receivables collection assessment.Third,change the management concept,and accounts receivable management in addition to simple risk avoidance,but also to actively use the accounts receivable asset value.Finally,fundamentally improve the market competitiveness of enterprises.