Tangshan D Company Working Capital Management Strategy Research

Working capital is the basic of maintain the normal production and management activities in the enterprise. It goes round and begins again in each link of production and marketing for the continuous circulation. It is an important constituent of the internal resources, also is the exchange channel between enterprise and external resource. Working capital management belongs to the daily content of financial management, but in the financial management of enterprises and even the strategic management takes very important place, relationship to the enterprise strategic target whether the enterprise strategic target come true smoothly. When working capital problems arise, it will affect the economic benefits of the enterprise, result in the enterprise fund chain break into and even bankruptcy.From the research motive and purpose, at first, for the large number of domestic and foreign literature study and research results, on the basis of theoretical analysis, uses the method that combines the standard research and qualitative analysis, through the comparative analysis among our country private manufacturing enterprise basic financial data to judge enterprise life cycle stage. Combine the working capital management method, trying to set up the bridges among enterprise life cycle and working capital management, summed up the general laws of working capital management method in each stage, improve enterprise performance, this is also the innovation of this paper.