Research On Working Capital Management Of SX Company

Working capital is an important guarantee for an enterprise to carry out production and operation,and it is also the most important lifeline for an enterprise.The level of working capital management will greatly affect whether an enterprise can better maximize its own value.Therefore,for enterprises,the management of working capital is particularly important.In the traditional management methods,working capital management focuses on structural management.The current ratio is used as a criterion to judge the working capital management of the enterprise.It is not closely integrated with the business of the enterprise.The amount cannot reflect the integrity of working capital.For enterprises,it is not possible to fully discover the problem.Traditional working capital management,no matter in management methods,has been unable to meet customer-led enterprises in the new economic environment.so in the practice of working capital management,it is necessary for enterprises to introduce value chain theory,use value chain management ideas to solve problems,and rationally allocate enterprise resources.This article first introduces the basic situation of SX company,then describes and analyzes the current status of the company's working capital,and uses value chain theory to analyze its internal and external value chains,and organizes and uses the financial data of SX company.The factor analysis method establishes a working capital management evaluation model and evaluates it.The problems of SX 's working capital management are comprehensively derived from the two problems of low working capital management efficiency and poor working capital management information.According to the existing problems and value chain thinking,comprehensive considerations are made from the internal value chain and external value chain of the enterprise,and reasonable optimization plans and effect predictions are given respectively,and further safeguard measures that need to be taken during the implementation of the plan are given.Applying value chain management theory to the working capital management process of an enterprise is aimed at improving the working capital management level of the enterprise,providing broader ideas for the good development of the enterprise,At the same time,it can also provide a good reference for related companies in the industry where SX is located.