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Academic Journal of Humanities & Social Sciences, 2023, 6(9); doi: 10.25236/AJHSS.2023.060911.

Research on the Problems and Countermeasures of Working Capital Management of Shenzhen Neptunus Bioengineering Co., Ltd.

Author(s)

Wencheng Wang

Corresponding Author:
Wencheng Wang
Affiliation(s)

Guangdong University of Science and Technology, Dongguan, China

Abstract

Under the background of new medicine reform and fierce competition in medicine circulation market, working capital management plays a key role in helping enterprises achieve the ultimate goal of business development and improve financial efficiency. Working capital is an important guarantee for the survival and growth of enterprises, and also one of the core financial controls of enterprises. The traditional working capital management based on a single element can no longer cope with new changes. The concept of channel management needs to be integrated into working capital management. The efficiency of working capital management is crucial to a company's sustainable growth. Taking Neptune Group as the core research object, we found the key problems in the working capital management of Neptune Group from the macro perspective of factors and channels, systematically discussed the key issues of its enterprise working capital management, and put forward the corresponding countermeasures to optimize the capital management of the company according to the actual situation and development planning strategy of the company's working capital management at this stage, to effectively improve the efficiency of the company's working capital management.

Keywords

working capital management; element; channel

Cite This Paper

Wencheng Wang. Research on the Problems and Countermeasures of Working Capital Management of Shenzhen Neptunus Bioengineering Co., Ltd.. Academic Journal of Humanities & Social Sciences (2023) Vol. 6, Issue 9: 70-78. https://doi.org/10.25236/AJHSS.2023.060911.

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