working capital basis

简明释义

运转资本制

英英释义

例句

1.The company operates on a working capital basis, meaning it relies on short-term assets to fund its operations.

公司以营运资金基础运营，这意味着它依赖短期资产来资助其运营。

2.Investors are interested in the firm's working capital basis as it reflects its operational efficiency.

投资者对公司的营运资金基础感兴趣，因为这反映了其运营效率。

3.To improve cash flow, we need to analyze our working capital basis and identify areas for optimization.

为了改善现金流，我们需要分析我们的营运资金基础并识别优化的领域。

4.A strong working capital basis can help a business weather economic downturns more effectively.

强大的营运资金基础可以帮助企业更有效地应对经济低迷。

5.The financial report highlighted the importance of maintaining a healthy working capital basis.

财务报告强调了维持健康的营运资金基础的重要性。

作文

Understanding the concept of working capital is crucial for any business. Working capital refers to the difference between a company's current assets and current liabilities. It is an essential measure of a company's short-term financial health and its operational efficiency. When we talk about operating on a working capital basis, we are referring to the way a business manages its short-term assets and liabilities to ensure it can continue to operate effectively. In essence, a company that operates on a working capital basis is focused on maintaining enough liquidity to meet its immediate obligations while also investing in its growth opportunities.To illustrate, let’s consider a retail business. This type of business typically has high inventory levels, which is a significant current asset. The goal is to sell this inventory quickly to generate cash flow. If the retailer manages its inventory well, it can operate efficiently on a working capital basis. This means that the business can pay its suppliers on time, cover its operating expenses, and still have funds left over for reinvestment.Conversely, if a business does not manage its working capital effectively, it may face liquidity issues. For example, if the same retailer overestimates demand and ends up with excess inventory, it ties up cash that could have been used for other purposes. This situation can lead to cash flow problems, making it difficult for the business to pay its bills or invest in new opportunities.Moreover, operating on a working capital basis requires careful planning and forecasting. Companies need to anticipate their cash flow needs and ensure they have sufficient resources to meet those needs. This might involve negotiating better payment terms with suppliers or optimizing inventory levels to align with sales forecasts.In addition, businesses must also monitor their current liabilities closely. This includes accounts payable, short-term loans, and other obligations that need to be settled within a year. A company that can manage both its current assets and current liabilities effectively will find itself in a strong position to capitalize on market opportunities as they arise.Furthermore, the concept of working capital basis is not just limited to retail businesses; it is applicable across various industries. For instance, service-oriented companies also need to manage their working capital efficiently by ensuring they have enough cash flow to cover payroll and operational costs while waiting for customer payments.In conclusion, understanding and managing working capital is vital for the success of any business. Operating on a working capital basis allows companies to maintain liquidity, meet their short-term obligations, and invest in future growth. Effective working capital management not only helps prevent financial difficulties but also positions a company to take advantage of new opportunities in the marketplace. Therefore, businesses should prioritize developing strategies that enhance their working capital management practices to ensure sustainable growth and profitability.

理解营运资金的概念对任何企业都至关重要。营运资金是公司流动资产与流动负债之间的差额。它是衡量公司短期财务健康状况和运营效率的重要指标。当我们谈论以营运资金为基础进行运营时，我们指的是企业如何管理其短期资产和负债，以确保能够有效地继续运营。本质上，依赖于营运资金为基础运营的公司专注于保持足够的流动性，以满足其即时义务，同时还投资于增长机会。为了说明这一点，让我们考虑一家零售企业。这种类型的企业通常具有较高的库存水平，这是一个重要的流动资产。目标是快速销售这些库存以产生现金流。如果零售商能够合理管理其库存，它就可以在营运资金为基础上高效运营。这意味着企业可以按时支付供应商，覆盖运营费用，并且仍有资金用于再投资。相反，如果企业未能有效管理其营运资金，可能会面临流动性问题。例如，如果同一零售商高估了需求而导致库存过剩，就会占用本可以用于其他目的的现金。这种情况可能会导致现金流问题，使企业难以支付账单或投资新的机会。此外，在营运资金为基础上运营需要仔细规划和预测。公司需要预见其现金流需求，并确保拥有足够的资源来满足这些需求。这可能涉及与供应商协商更好的付款条款或优化库存水平，以与销售预测对齐。此外，企业还必须密切监控其流动负债。这包括应付账款、短期贷款和其他需要在一年内结算的义务。能够有效管理流动资产和流动负债的公司将发现自己处于强有力的位置，可以在市场机会出现时加以利用。此外，营运资金为基础的概念不仅限于零售企业；它适用于各个行业。例如，服务型公司也需要有效管理其营运资金，以确保有足够的现金流来支付工资和运营成本，同时等待客户付款。总之，理解和管理营运资金对任何企业的成功至关重要。在营运资金为基础上运营使公司能够保持流动性，满足其短期义务，并投资于未来的增长。有效的营运资金管理不仅有助于防止财务困难，还使公司能够抓住市场中的新机会。因此，企业应优先制定增强其营运资金管理实践的策略，以确保可持续增长和盈利能力。