Research on Working Capital Management of K Company

Abstract

In the process of enterprise operation, working capital is related to the supply, production and sales of enterprises. Working capital is the capital that an enterprise needs to use in its normal operation. A good turnover of working capital can drive the turnover of fixed capital, which is not only conducive to the improvement of the profit level of enterprises, but also conducive to the goal of maximizing profits. Therefore, the management of working capital is very important for enterprises. With the continuous development of China's socialist market economy and fierce market competition, China's electronic industry stands out. China's electronics industry not only has a huge domestic market, but also China is a global manufacturing power of electronic products. Due to the rise of China's manufacturing industry, the transformation of global electronic industry from vertical structure to horizontal structure, and the increasingly detailed division of value chain, China has become one of the main production bases of global electronic manufacturing, which has also promoted the rapid growth of China's electronic manufacturing industry. Following this, the electronic manufacturing industry is also facing more severe challenges. Because the management of working capital is related to the profit level of enterprises and directly affects the survival and development of enterprises, it is increasingly urgent for the electronic industry to pursue efficient capital management.