Research On Working Capital Management Performance Of Yonghui Supermarket Under Financial Sharing Mode

In recent years,under the trend of global economic integration,the market is changing rapidly and the competition is becoming more and more fierce.Currently,most companies are still using the traditional financial management model,which leads to inefficient fund management.If a company wants to continue to expand effectively,it needs to innovate the way it manages funds.The emergence of financial sharing provides a new approach to working capital management,and its creation and implementation has brought a new level of change to the company’s working capital management performance.To further understand the impact of financial sharing on working capital management performance,this paper focuses on the retail industry,and selects the industry’s most successful financial sharing leader,Yonghui Supermarket,as the main case study.At the same time,we analyzed the working capital management performance of Yonghui Supermarket at different stages of financial sharing,using the industry average as a comparison,and analyzed the working capital management status of Yonghui Supermarket from a global perspective.The study concludes that the development of the financial sharing model has stages,and there are working capital management models that are appropriate for different development stages.Therefore,the implementation of financial sharing can improve the efficiency of enterprise working capital management,but the degree of impact on working capital management efficiency varies at different stages.In addition,it is found that although the implementation of financial sharing is beneficial to the improvement of working capital management performance,there are still shortcomings in the implementation process.Finally,based on the findings,the paper provides insights for other retail companies that want to implement financial sharing to improve their working capital management performance.