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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Research on Working Capital Management of Nhwa Pharmaceutical Co., Ltd. Based on Value Chain

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DOI: 10.25236/iceesr.2021.008


Liangyan LV

Corresponding Author

Liangyan LV


Working capital management is an important part of financial management, which can affect the survival and development of enterprises. Traditional working capital management is difficult to adapt to the development environment with fierce competition. In this article, the value chain theory is applied to working capital management to strengthen management from a strategic perspective. First of all, this article introduces the basic situation of Nhwa Pharmaceutical Co., Ltd. Then, it analyzes the present situation of the working capital management, and points out the possible problems in its internal and external value chains. Finally, some possible countermeasures are put forward to improve the working capital management.


Working capital, Value chain, Pharmaceutical enterprises