Author(s)

Teng Fei ¹, Wen Nie ¹, Yongfang Ma ²

Affiliation(s)

¹ School of Economics and Management, Harbin Cambridge University, Harbin, Heilongjiang, 150030, China
² Public Administration and Law School, Northeastern Agricultural University, Harbin, Heilongjiang, 150030, China

Corresponding Author

Yongfang Ma

ABSTRACT

In the context of high-quality development of the modern economy, various industries are facing fierce competition. In order to obtain a certain market share, various industries will introduce new sales methods, such as using credit sales to increase sales. This method seems to help enterprises increase market share, but if used improperly, it will have the opposite effect. This sales method will lead to an increase in accounts receivable and make management more difficult. To date, most companies in China have a poor awareness of accounts receivable management and do not have a set of applicable management methods, making it difficult to collect accounts receivable and, in serious cases, exposing the company to the risk of bankruptcy. It has then become a major challenge for many business managers to try to use this type of sales to increase profits for the business while at the same time preventing economic losses to the company from dead and bad debts. This paper takes WESTKIND Natural Beverage Company as an example, and provides a comprehensive analysis of some management measures for enterprise accounts receivable. It firstly writes about the current situation of accounts receivable management in WESTKIND Natural Beverage Company, then analyses the problems existing in its accounts receivable management, and puts forward some reasonable suggestions for the corresponding problems, in the hope of providing some useful reference and reference for improving the level of accounts receivable management in WESTKIND Natural Beverage Company.

KEYWORDS

Accounts receivable, aging analysis, management strategy

CITE THIS PAPER

Teng Fei, Wen Nie, Yongfang Ma, Analysis of Accounts Receivable Management of Natural Drinking Company. Accounting and Corporate Management (2023) Vol. 5:14-27. DOI: http://dx.doi.org/10.23977/acccm.2023.050702.

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