Traditional Culture Encyclopedia - Hotel accommodation - Influence of Tsingtao Brewery Working Capital on Operating Performance
Influence of Tsingtao Brewery Working Capital on Operating Performance
Liquidity of funds, operating efficiency.
1. Liquidity: Working capital is the basis of the company's daily operation. Lack of sufficient working capital prevents the company from carrying out normal business activities and affects production and sales. Therefore, sufficient working capital can improve the liquidity of the company and ensure the normal operation of the company.
2. Operating efficiency: The operating efficiency of the company is directly affected by the efficiency of working capital. If the working capital is used efficiently, the company's operating efficiency will be improved accordingly, thus reducing costs and increasing profits.
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