Management Research On The Accounts Receivable Of Pharmacy Company

When we talk about the pharmacy company, medicine is what we must bring to mind. Medicable materia, or we call medicine here for convenience, is indispensable in our normal life. In current society, pharmacy enterprises play the role of medicine provider. With the rapid development of our socialism construction, medicine industry is also soaring on the high-speed road.Up to the present, the competition in pharmacy industry is furious. Confronting such pressure from market, pharmacy companies have to increase their revenue and enlarge the market share, leading to unavoidable delay for repayment of accounts receivable and an increase in the credit sales. Accounts receivable originated from making the credit sales to clients when selling commodities, products or raw materials, and it is a kind of current asset with nature of business credit. The credit sale and delay of client's repayment will generate certain risk for its occupancy of working capital. Besides degrading the company to be unprofitable, the ill-managed accounts receivable will result in mounting expenses and losses, even leading to bankruptcy.Therefore, the study takes the perspective of pharmacy company, dealing with the problems existing in the accounts receivable management, and finally brings up the corresponding resolution.At present, the studies concerning the accounts receivable of pharmacy companies is still sparse. The existing researches have been concentrating on criterion study, for instance, some study only focused on the pharmacy industry's development or put all the attention on the theory of accounts receivable. Nevertheless, there is little practical analysis of accounts receivable problem for pharmacy company. My study is mainly taking the stance of practical analysis, making research on the relations between Chinese pharmacy enterprises development and accounts receivable for the companies by using the authoritative data resources, applying the latest statistic software, combining the advanced theory of Economy and Econometrics.The study includes seven parts: the first part demonstrates the goal , meaning of the research, the present state of domestic and overseas study as well as the framework and methodology systematically. The next part reviews the...