On The Optimization Of Cash Management To Explore

Cash is the strongest liquid asset; it is always used in all kinds of need of business in company, and also guarantees the repayment of capital and rate-paying. With the increasingly mature development of domestic financial market, cash management is one of the important parts of financial strategy management more and more. Cash flow has been the indication to evaluate enterprise credibility, enterprise development potential and enterprise evaluation. Health of cash flow is or not, Banks began to be an important basis to provide credit, with the improvement of the financial system, cash, in the financial market will play a more important role. So ,Guarantee the safety of cash, has enough cash to reduce the risk of enterprises, enhance the mobility of business assets and debt can be liquidated and the proceeds of fund raising management capacity, will no doubt be in the financial management of the station has become increasingly important position. Furthermore, cash management not only for a stable development of the company has played an important role, but also helps to enhance overall shareholder value, corporate financial management is regarded as the source of value.Enterprises in the different life-cycle, management has different characteristics, so enterprises in different stages of the life cycle of financial management objectives of the value orientation will be different. Cash management, as an important component in order to achieve financial targets enterprises, is an effective tool. At the same time, cash management mode choices depend on the enterprise's financial management objectives, enterprises in which the dynamic business environment as well as the lives of the inherent characteristics of the enterprises in the life cycle and the appearance of the enterprise features, financial management goal is focused As a result, the various stages of cash management and cash management features a different method, enterprises under the management of the life cycle characteristics and financial objectives of the value orientation to choose reasonable cash funds management, to enhance their business management, and maximize the value of enterprise.From the enterprise income volatility and cash flow volatility two latitude, the life cycle of enterprises, with the mobile phone industry part of a listed company data statements, based on the main business income, operating cash flow, cash flow of investment, financing and cash flow fluctuations in the data analysis of the various stages of enterprise financial management characteristics and objectives, which, summed up, the various stages of the cash management focus; Based on the various stages of cash management, with emphasis on cash management explanation.Part of the case, the mobile phone-based AB course of the company's corporate development, with its operating income and cash flow statement of the life cycle of their businesses and then in its different stages of the cash management approach to analyze the slightly superior, to draw on.In this paper, based on the mobile phone business of the different life-cycle and financial management characteristics of the different objectives, cash management on the safety, liquidity and profitability, how to achieve the optimal mode of cash management, from the investment.