The Empirical Research On The Accounts Receivable Factors Of Manufacturing Enterprises

Enterprises can take the cash sale and selling on credit as two kinds of basic ways while selling the products. Selling on credit has incomparable advantage to other settlement ways in strengthening the competitive power of enterprise's market, expanding sales and reducing the stock. But too much selling on credit will make company get much account receivable finally and its security and accuracy will affect company's available source, profit and loss directly. To manage account receivable efficiency is of momentous significance on improving the competitive power and saleroom of market. So, how to make scientific management about account receivable has become an important topic of discussion on Modern Corporation financial.First of all, this paper introduces the domestic and international research on receivables management and analyses the development direction of accounts receivable now. Secondly, there is a detailed theoretical exposition about relationship between management of accounts receivable and management of credit, then it analyzes current situation of receivables management of manufacturing enterprises and the correlation ship between accounts receivable and the macroeconomic development cycle. After that the paper makes classical research on the top five customers who owe to manufacturing enterprises and put forward that it should pay more attention to the third-party independent body and carry out an appropriate credit rating. In summary, the paper introduces measures and rules on how to improve accounts receivable management for manufacturing enterprises in detail.At present, there's little research on receivables management of manufacturing enterprise and much research has been concentrated on making system of accounts receivable management of manufacturing enterprises, while macro and micro analysis of manufacturing enterprises receivables is rare. The paper not only widens the study area of receivables management in the manufacturing enterprise, but fills a vacancy on macro analysis in the area of receivables management. Meanwhile, it shows the correlation and connectivity between accounts receivables and Enterprise Credit Management and then clarifies the accounts receivable and that of sources of risk theory. Finally, it identifies the criterion in the corporate risk management that constitutes theoretic foundation and practical significance on receivables management.