RisksinWorkingCapitalandEquipmentLoans营运资本和.ppt

Credit Risks in Working Capital and Equipment Loans营运资本和设备贷款的信用风险;Working Capital – Why Is It So Important营运资本：为何这么重要？;Evaluating Historical Performance 评价过往表现;Role of Working Capital营运资本的角色;Asset Conversion Cycle资产转换周期;The ACC has three components: 资产转换周期有三个部分： Days Receivables Outstanding 应收帐款收款天数 Measures the average number of days from the sale of goods to the collection of receivables 衡量从货物的出售到回收应收账款的平均天数 (Average Accounts Receivables/Sales)*365 days （平均应收账款/销售）* 365 天 Days Inventory Held 库存持有天数 Measures the average length of time between acquisition and sale of