Study On Working Capital Management Of R Real Estate Enterprise

Working capital management plays an important role in enterprise financial management.The faster the turnover of working capital is,the faster the enterprise value will increase,and the more vigorous the enterprise vitality will be.In recent years,the characteristics of the real industry includes high policy acuity,long development cycles,high leverage and slow investment recovery.The industry faces risks such as difficulty in financingj backlog of inventory,irregular competition,and unbalanced funds.Working capital to provide protection for the daily operation of its management directly affect the company’s strategic development and survival.As a small and medium-sized real estate company in Xi’an,although R has a certain market and reputation in the local area,its development has been slow in recent years,and working capital management has become a high-level concern of the company’s senior management.Therefore,this article will explore how R real estate companies can improve working capital turnover and prevent capital operation risks.Most of the traditional working capital management research is too isolated and one-sided,and is disconnected from business processes,which is difficult to meet the management needs of modern enterprises.This article introduces channel theory,takes R real estate company as the research object,combines working capital management with business processes,analyzes the total working capital of R company in the past three years and the working capital situation of various channels,and compares it with the leading company Vanke.The analysis found that Company R had inefficient working capital management in its procurement channels and wealth management activities,which were mainly manifested in the backlog of inventory and single financing channels.Based on the above issues,this article gives suggestions for the optimization of the working capital management of each channel.Finally,it provides four safeguard measures containing regime,ideology,organization,and information technology,which will improve the working capital management of R company.