Analysis Of Working Capital Management Performance Based On The View Of Supply Chain

Working capital is enterprises’most revolving capital, which also has strong li quidity. It involves all aspects of enterprise production and business process. What is more, the management level of working capital directly decides the enterprise ca pital profitability. Recently, working capital management is becoming more and more important to financial manager, more and more financial managers are willing to spend more time in working capital management. Today, theoretical research of working capital management mostly focuses on the research of each individual components of working capital project management, lacking of research on integrity of working capital. In recent year, with the application of supply chain theory, the theory of channels, customer relation theory, working capital management began to have new breakthrough. The working capital management theory based on the theory of supply chain is raised up, and some scholars also have carried on the theory and empirical analysis, fortunately certain achievement been obtained. But for all this, the theory on working capital management based on the view of supply chain still not mature, still lack data support and needs more scholars to improve it after combination with the specific situation of an enterprise and financial management.So this essay made up the inadequacy of the current research of working capital management and discussed the methods of evaluation the working capital management performance of Chinese electronic manufacturing companies. According to the distribution of electronic manufacturing enterprises operating funds, this paper reclassified the working capital and established new evaluation index to analysis the performance of electronic manufacturing enterprises’ operating funds. Then it told the existing problems and reasons, Hoping to provide data and reference value to the working capital management research.The assay contains6chapters, and the main content of each chapter is as following:Chapter1is introduction. It states the research backgrounds, research ideas, research methods and main contribution. Chapter2is the literature review and related theory. It reviews the working capital management theory from inland and abroad, laying the theoretical foundation for the whole article. Chapter3is the normative analysis of the working capital. First it reclassified the operating funds and then established the evaluation system of working capital performance based on supply chain. Chapter4is the statistics and analysis of working capital performance. It uses the financial data of electronics manufacturing public companies to states the status and change trend of working capital performance based on the view of supply chain. Chapter5is case analysis. It selected two typical electronic manufacturing companies, and then compared their working capital performance and pointed out the problems and reasons. Chapter6is the conclusion of this assay, and it pointed out the existing deficiencies and put forward for the future study on the working capital management theory.There are two main contributions the assay contains:First, this assay selected new data. It made up for the shortage of that past research on working capital management was basically on the basis of theory With electronics manufacturing public companies’ finical data, it analysis the working capital performance based on the view of supply chain, providing data to the research of working capital management theory.Second, this assay has new research angle. It analysis the electronic manufacturing industry of working capital management performance from the perspective of supply chain, and then choose two typical electronic manufacture enterprise to describe the differences in the management of working capital, strives to provide reference value about the innovative working capital management.