Research on Haier Working Capital Management
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DOI: 10.25236/msied.2018.012
Corresponding Author
Haizhi Yang
Abstract
Working capital is the most dynamic part of a company's capital structure, which can be used to measure a company's short-term solvency. Only by properly managing the working capital can the company finally guarantee the realization of its business objectives. In recent years, Haier Group has formed a set of mature management experience and management methods in the process of capital operation. The road of Haier's working capital management will have beneficial enlightenment and reference for other enterprises. This paper analyzes Haier's working capital management objectives, capital income and expenditure, and production and sales working capital management to obtain certain practical significance.
Keywords
Working Capital Management, Qingdao Haier, Channel Management