| After the year 1990,the economic around the world is showing the trend of integration,the competition among the large multinational conglomerates become more and more intense,so conduct a research on the funds which is known as "enterprise blood" has importantsignificance both on theory and practice.Petroleum engineering industry is a capital-intensive,technology professional industry,the capital plays an important role in enterprise's production operation.Since 2014,international oil prices have fallen from $110 per barrel to around $50 a barrel this year,down more than 54%?Oil prices fall has caused serious damage to oil companies operating performance.ZY company is the leading company with strong representation in market distribution and assets size etc aspect of a petroleum engineering company?In the macro environment of oil price downturn,how to adopt a more reasonable method of centralized group funds management to reduce costs,improve efficiency in the use of funds,liquidity risk,and guarantee the sustainable and efficient operation of ZY company is a very important topic for ZY company.Imported from the Policies and the basic theory of centralized management of funds,This paper takes ZY company as the research object,and analyzes the status of the group of funds management from many angles by using the annual financial,combining with related theories and financial indicators which states collection inventory.It has found many financial problems in the group,such as cash flow dimensions unreasonable,accounts receivable,inventory turnover rate related issues occupy high,low capital centralized management.Through in-depth analysis of the existing problems,the paper also gives the suggestion that the group should strengthen the management of accounts receivable,inventory liquidation,implement electronic acceptance and improve the financial planning and management etc,In order to achieve the purpose of improving ZY company fund efficiency. |
PDF Full Text Request