Research On Accounts Receivable Management Of C Company

Nowadays,the world is undergoing major changes unseen in a century.The international and domestic environment is complex and changeable,the market environment is unpredictable,and the market competition among enterprises is becoming increasingly fierce.In order to expand the scope of product sales,increase market share,and form a competitive advantage,companies often use credit sales to increase the amount of accounts receivable for credit sales.This brings a serious burden to the company and becomes a stumbling block to the high-quality development of the company.Accounts receivable are liquid assets.The quality of its quality and the speed of turnover are closely related to the production and operation of the enterprise,and it is necessary to attach great importance to it.Enterprises should be aware of the reasons for their occurrence,and should take active and effective measures to strengthen the management of accounts receivable,maximize the utilization of funds,and avoid overdue or bad debts,thereby incurring economic losses.In addition,the overall management and control of accounts receivable can not only ensure the recovery of accounts at the micro level,but also reduce the occurrence of bad debts;at the macro level,it can strengthen the internal control of the enterprise,reduce management expenses and operating costs,thereby ensuring the company’s Continue to operate.Nowadays,the state vigorously advocates that all walks of life should focus on high-quality development.Strengthening the management of accounts receivable has a very important role in promoting the high-quality development of enterprises,and thus more effectively enhances the market competitiveness of enterprises,which is of great significance;therefore,it is of great significance to The research on the management of corporate accounts receivable is of great practical value.Company C is engaged in the production of cable accessories and is a company listed on the Shenzhen Stock Exchange.In recent years,with the continuous expansion of its business,sales and profits have been greatly increased,and it has a place in the domestic cable accessories production industry.However,in the face of the increasingly fierce domestic market,Company C has to use credit sales to improve its competitiveness,and credit sales are inevitable.Practice in the past ten years has shown that,on the one hand,credit sales can bring benefits of expanding sales and increasing market share;on the other hand,due to the untimely collection of accounts,management difficulties,high costs,serious resource consumption,and increased risk of bad debts are also caused.Low cash liquidity.This article is mainly based on C company as the main research object,inquiring and collecting a large number of documents and information on accounts receivable,based on the financial data of C company from 2015 to 2019,using quantitative and qualitative analysis methods,Carry out a specific analysis of the status quo,problems and causes of the enterprise,draw on the theoretical research of accounts receivable and combine the actual situation of the company,and put forward feasible optimization suggestions and safeguard measures for the company.Through the study of the accounts receivable of Company C in this article,the following three conclusions are drawn: First of all,In addition to formulating a complete accounts receivable management system,it is also necessary to strengthen the implementation to ensure implementation;Second,Attach great importance to the advancement of accounts receivable Management,especially the credit risk management of customers;And finally,Strengthen the risk management awareness of all employees of the company for accounts receivable,and implement accountability management.