International Journal of Advanced Multidisciplinary Research and Studies
Volume 4, Issue 2, 2024
Short-term Asset Management at Sky Real Estate Investment and Services Joint Stock Company
Author(s): Cao Mai Quynh
Abstract:
In the production and business activities of every enterprise in any field, assets in general and short-term assets in particular always play an extremely important role. Indeed, short-term assets are present in most stages of an enterprise's operations from storage, production to circulation and ensure that the enterprise's business processes run smoothly and smoothly. Innovation in financial management is one of the top issues of concern and has a direct impact on the survival of Vietnamese businesses. In financial management, managing business assets is a very important part. Improving the efficiency of short-term asset management is a measure to improve the solvency of businesses. Using short-term assets effectively will help businesses save costs and create necessary liquidity to promote effective production and business activities. Short-term asset management directly impacts the profitability and risk of the business. Therefore, to achieve the goal of maximizing profits and maximizing value for owners, businesses must manage short-term assets effectively. The article studies the theory of the concept and role of short-term asset management in enterprises, studies the current situation of short-term asset management through short-term asset structure, cash management, and accounts receivable. revenue and inventory in the enterprise; From there, we propose solutions to improve the efficiency of short-term asset management at Sky Real Estate Investment and Services Joint Stock Company.
Keywords: Short-term Asset Management, Inventory Management, Cash Management, Accounts Receivable Management
Pages: 1218-1222
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