Research On The Improvement Of Accounts Receivable Of Shanxi Xintiandi

Accounts receivable management is the emphasis and difficulty of working capital management for companies. In the market economy, credit sale, as an effective means of increasing market share, improving the competition and reducing the stock, has been widely used by many companies.However, due to the pressure of survival and development, the situation of accounts receivable in most companies is not optimistic, and the overdue accounts receivable of many corporations keep at a high level for a prolonged period, which seriously affects the financial structure and financial conditions of some firms, leading to a predicament for company’s production and management. This is because that there exist many problems in the accounts receivable management of in most cases. In China, these existential questions in account receivable management not only affect the production and management state of individual firm, but also constrain the establishment and improvement of credit relationship among various enterprises. Based on the fundamental information of accounts receivable management in Suntandy and its financial data in the past few years, this article deeply analyses the existing problems and their origins in the accounts receivable management of Suntandy, in the meantime, to solve these problems at the source, this article proposed targeted scientific and reasonable improvement measures on accounts receivable management, in the hope of helping Suntandy in accounts receivable management, providing reference ideas, cutting down the manufacturing and management risks and promoting companies to sound development.