Author(s)

Wang Xi

Corresponding Author

Wang Xi

Abstract

By strengthening the management of the corresponding receivables, it can effectively promote the economic development of the enterprise and enhance the market competitiveness of the enterprise. Different aging analysis methods will affect the accrual of accounts receivable, which will have different degrees of impact on financial risks. This paper takes 296 listed A-share listed companies in China from 2014 to 2017 as the research object, and studies the impact of the nature of accounts receivable of listed companies on financial risks in six aspects. The research results show that the nature of the company's accounts receivable has a significant impact on the financial risks of enterprises. Among of them, the total accounts receivable, the accounts receivable, the accounts receivable for more than two years, the accounts receivable for more than three years are positively correlated with the financial risks. Accounts receivable for more than two years, and accounts receivable for more than three years are negatively correlated with financial risk inputs.

Keywords

Company receivables nature, financial risk, aging, provision for bad debts