cash cycle

简明释义

资金周转周期

英英释义

例句

1.A shorter cash cycle can improve a company's liquidity.

更短的现金周期可以改善公司的流动性。

2.The cash cycle measures how quickly a company can convert its investments into cash.

现金周期衡量公司将投资转化为现金的速度。

3.Understanding the cash cycle is essential for effective financial management.

理解现金周期对于有效的财务管理至关重要。

4.A negative cash cycle indicates that a company is receiving cash before it pays its suppliers.

负的现金周期表明公司在支付供应商之前已经收到了现金。

5.By reducing the cash cycle, businesses can reinvest their profits faster.

通过缩短现金周期，企业可以更快地再投资利润。

作文

Understanding the concept of the cash cycle is crucial for any business looking to optimize its financial management. The cash cycle refers to the time it takes for a company to convert its investments in inventory and other resources into cash flows from sales. This cycle is essential because it affects a company's liquidity and overall financial health.At its core, the cash cycle consists of three main components: inventory turnover, accounts receivable, and accounts payable. First, inventory turnover measures how quickly a company sells its inventory. A shorter inventory turnover means that a company can convert its stock into sales more rapidly, thus shortening the cash cycle. For instance, a grocery store that restocks its shelves daily has a much faster inventory turnover compared to a furniture store that may hold inventory for months.Next, accounts receivable is the amount of money owed to a company by its customers for goods or services delivered. The speed at which a company collects this money directly impacts the cash cycle. If a company offers extended payment terms, it may find itself waiting longer to receive cash, elongating the cash cycle. On the other hand, businesses that encourage prompt payments through discounts or other incentives can improve their cash flow significantly.Finally, accounts payable represents the money a company owes to its suppliers. Managing accounts payable effectively can also influence the cash cycle. By negotiating favorable payment terms, a company can hold onto its cash longer, allowing it to reinvest in operations or pay down debt. However, it is essential to balance this with maintaining good relationships with suppliers, as delaying payments excessively can lead to supply chain issues.To illustrate the importance of the cash cycle, consider a small manufacturing firm. Suppose this firm takes 30 days to sell its products (inventory turnover), 15 days to collect payments from customers (accounts receivable), and has 20 days to pay its suppliers (accounts payable). In this scenario, the cash cycle would be calculated as follows: 30 days (inventory turnover) + 15 days (accounts receivable) - 20 days (accounts payable) = 25 days. This means it takes the company 25 days to turn its investments back into cash.A shorter cash cycle is generally better, as it indicates that a company is efficient in managing its resources. Companies with a long cash cycle may face cash flow problems, making it difficult to meet operational costs or invest in growth opportunities. Therefore, business owners must regularly assess their cash cycle and look for ways to shorten it.In conclusion, the cash cycle is a vital metric for understanding a company's operational efficiency and financial health. By focusing on improving inventory turnover, speeding up accounts receivable collection, and managing accounts payable wisely, businesses can enhance their cash cycle and ensure they have the liquidity necessary to thrive in a competitive market. Ultimately, mastering the cash cycle can lead to improved profitability and sustainability for any business, large or small.

理解“现金周期”的概念对于任何希望优化财务管理的企业来说都是至关重要的。现金周期指的是一个公司将其在库存和其他资源上的投资转化为销售现金流所需的时间。这个周期是至关重要的，因为它影响公司的流动性和整体财务健康。从本质上讲，现金周期由三个主要组成部分构成：库存周转、应收账款和应付账款。首先，库存周转衡量一个公司销售其库存的速度。较短的库存周转意味着公司可以更快速地将库存转化为销售，从而缩短现金周期。例如，每天补货的杂货店与可能需要数月才能出售库存的家具店相比，拥有更快的库存周转。接下来，应收账款是客户因购买商品或服务而欠公司的款项。公司收回这些款项的速度直接影响现金周期。如果一家公司提供较长的付款期限，它可能会发现自己需要更长时间才能收到现金，从而延长现金周期。另一方面，通过折扣或其他激励措施鼓励及时付款的企业可以显著改善其现金流。最后，应付账款代表公司欠供应商的款项。有效管理应付账款也可以影响现金周期。通过谈判有利的付款条件，公司可以更长时间地保留现金，从而允许其再投资于运营或偿还债务。然而，必须平衡这一点与维护与供应商的良好关系，因为过度延迟付款可能导致供应链问题。为了说明现金周期的重要性，考虑一家小型制造公司。假设该公司需要30天来销售其产品（库存周转），需要15天来收回客户的付款（应收账款），并且有20天的时间支付其供应商（应付账款）。在这种情况下，现金周期的计算如下：30天（库存周转）+ 15天（应收账款）- 20天（应付账款）= 25天。这意味着该公司需要25天才能将其投资转回现金。通常来说，较短的现金周期是更好的，因为它表明公司在管理其资源方面效率高。拥有较长现金周期的公司可能面临现金流问题，使其难以满足运营成本或投资于增长机会。因此，企业主必须定期评估其现金周期，并寻找缩短它的方法。总之，现金周期是理解公司运营效率和财务健康的重要指标。通过关注提高库存周转、加快应收账款收回以及明智地管理应付账款，企业可以提升其现金周期，确保它们拥有在竞争市场中生存所需的流动性。最终，掌握现金周期可以为任何规模的企业带来更好的盈利能力和可持续性。