WQ Oil Production Plant Cash Flow Management Research

Cash flow management is the core of corporate financial management,good-operated cash flow management system could have important influence on the corporate management.There already have many mature theories of cash flow management,but in Chinese corporation practice,especially state-owned enterprises management lack deep recognization of cash flow management,so they are short of concentration to cash flow management leading to many inevitable problems,for example their cash flow budget does not conform to reality,their cash flow's revenue and payment lack entity control,these problems would directly influence the result of corporate cash flow management,and then make the corporation lack of cash and cannot develop fluently.For the important meaning of cash flow management to corporate investment decision,financial management and development,Chinese corporation need theory to director practice,use cash flow management practice to achieve the value of theory and promote the development of theory.WQ Oil Extraction Plant is a corporation that always pursues development and continuing innovation,in Yanchang Oilfield Group,WQ Oil Extraction Plant has good performance and makes big profit,however facing present oil industry risk and challenge,WQ Oil Extraction Plant need perfect corporate management,so we must improve cash flow management system,from financial management to solve probable cash-operated problem fundamentally.This paper mainly combines cash flow management theory with basic financial analysis way to study the cash flow management of WQ Oil Extraction Plant,so we can find the problem in the cash flow management of WQ Oil Extraction Plant and give advice according to these problems,build efficient cash flow management system,establish proper model of cash flow management,also we hope to provide good reference for the same type industry and corporation.