Research On M Company’s Working Capital Management Based On Channel Management

Working capital management as an important factor in the daily operation of enterprises to ensure its reasonable and effective operation is the necessary management link of every enterprise to continue to operate.On the basis of traditional working capital management,the new mode of channel theory can better observe the dynamic changes and application effects of working capital and greatly improve the traditional working capital management mode.The core idea is to use the product in the production and business operation each link in the process of circulation of commodities,such as purchasing,production,sales link,through channels in the management of working capital management theory based on the new change,so as to realize the fundamental change of working capital in various channels,improve the overall management level of working capital working capital management will be improved.This concept starts from a new perspective,and then expands the theoretical field of working capital.It breaks the traditional framework of working capital management following the financial control system,and introduces the management of working capital into a new page from the new management and control concept and practice.In view of the characteristics of the textile industry,in the home textile enterprise production and operation process need a lot of cash flow to support,so in home textile manufacturers of daily system of working capital management,has very important practical significance,in recent years,the channel theory and the traditional control method of working capital,after a series of integrated,obtained rapid development in the field of theory.However.in contrast,the academic and theoretical circles have not carried out in-depth exploration of practical problems.Based on channel theory and working capital management introduced the new concept of harmony,choice of home textile industry of M company as object of case study.the analysis of the current M enterprises operating capital control and three in the same industry on behalf of enterprises,respectively,home textile,rich Anna.love more,the related indexes comparison evaluation,and build a bridge between the theory and case practice,thus to home textile manufacturing to optimize the management of working capital brings the value and significance.