The Resarch Risk Prevention And Management Of Hangcha Group’s Accounts Receivable

With the further development of China’s socialist market economy, Credit, a kindof promotion, has become indispensable for a company. It is directly related to theissue of corporate accounts receivable, and accounts receivable also has an impact onproduction and operation and sustainable development of the key. However, With thedeveloping of credit economy, many companies blindly pursue market footprint, andIgnore the risk prevention and management of accounts receivable Which results theremaining of high accounts receivable and increasing year by year the proportion ofbad debt and dead debt, and declining in profits, tensing in capital chain, eveneventually forces to bankruptcy or reorganization. With the Accounts receivable ofenterprises increasingly risking, it has also become an interesting topic for manyscholars. And how to implement effective prevention and management of accountreceivable of concrete measures and corresponding management mode is a relativelylack of research. And the current study are mostly failed business case analysis. Thelack of success comes from summarize and generalize, and combined with the actualconduct analysis of accounts receivable management mode.According to existing research results, this article summarizes and analyzes thesuccess of Hangcha Group’s accounts receivable management model. And The studyfocuses on the accounts receivable risk prevention and management.By analyzing financial index, other related index and especially the accountsreceivable of Hangcha Group, this article describes the management model andspecific measurement, by which in risk prevention and management of accountsreceivable. Using the established evaluation index, We evaluate the performance ofHangcha Group in its accounts receivable risk prevention and management. MoreoverHangcha Group’s management objectives and the actual situation was comparativelyanalyzed. In conclusion management model Hangcha Group’s accounts receivable isreasonable, and is also effective. Hangcha Group’s accounts receivable managementmode focuses on the accounts receivable beforehand control, namely for risk prevention. At the same time in the matter and afterwards It also reveal its accountsreceivable risk management. Hangcha Group’s accounts receivable management canprovide a reference for the business in the same industry or related businesses. Thisstudy has important practical value and theoretical value.