我国服装行业上市公司存货管理研究

发布时间：2018-05-29 04:58

本文选题：服装行业 + 上市公司　；参考：《河北大学》2014年硕士论文

【摘要】：目前受宏观经济波动及国际新兴商业模式进入的影响，国内大部分的服装企业都承受着较高的库存压力，原来存货较多的是运动服饰，现在这种存货危机已经蔓延到了休闲服饰。最近几年我国上市公司的存货总额基本处于直线上升的态势，而这其中贡献最多的莫过于制造行业，其被公认为是存货压力最大的行业，，而在制造业中深受大家关注的是服装行业，它的存货水平更是被大多数人认为是毁灭性的，如果销售出现问题将会产生无法估量的后果。存货在大的宏观经济中饰演的角色比较特殊，在通货膨胀率较低或是经济处于上行阶段时，作为资产的存货可以为企业带来经济收益。但是在物价指数不稳定、经济发展前景不明朗的情况下，把存货看做是资产的话不利于企业的发展。一旦出现经济下滑，存货就会变成企业的负担，大量积压的存货最终会导致社会经济资源的浪费。为了避免造成资源浪费，对我国服装行业进行存货管理研究就显得十分必要了。本文以我国服装行业上市公司为样本，对我国服装行业的存货管理现状进行分析，并对存货周转率与有关影响因素的相关性进行研究，目的在于了解服装行业目前的存货管理现状，证实存货管理与哪些因素相关，进而改善企业的存货管理，对我国服装企业的存货管理具有一定的引导作用。本文主要通过对样本公司近5年的存货占流动资产和总资产的比例、存货资产质量状况和企业存货周转情况进行综合分析，来观察我国服装行业上市公司存货管理的现状，指出存货水平居高不下是其急需解决的问题。然后对影响我国服装行业存货周转率的相关财务指标进行实证分析，分析结果表明存货周转率与固定资产比重正相关，与毛利率和企业的规模负相关，与企业的生产柔性存在正相关性，与偿债能力和宏观经济指标之间不存在明显的相关性。接下来进一步分析其他影响存货周转率的因素如新的商业模式、企业信息化水平,然后提出改进存货管理的相关建议。最后，本文指出了本研究的不足之处，并提出将来研究的方向。
[Abstract]:At present, under the influence of macroeconomic fluctuations and the entry of new international business models, most of the domestic garment enterprises are under relatively high inventory pressure. Now this inventory crisis has spread to casual clothing. In recent years, the total inventory of listed companies in our country is in the trend of rising in a straight line, and the biggest contribution is the manufacturing industry, which is recognized as the industry with the greatest inventory pressure. But in the manufacturing industry is the clothing industry, its inventory level is considered by most people to be destructive, if sales problems will have incalculable consequences. Inventory plays a special role in the macro economy. When the inflation rate is low or the economy is on the upswing, the inventory as an asset can bring economic benefits to the enterprise. But when the price index is unstable and the future of the economy is uncertain, it is not good for enterprises to regard inventory as an asset. Once there is an economic downturn, inventory will become a burden on enterprises, a large backlog of inventory will eventually lead to the waste of social and economic resources. In order to avoid the waste of resources, it is necessary to study the inventory management of clothing industry in China. This paper takes the listed companies of the clothing industry in China as a sample to analyze the current situation of inventory management in China's garment industry, and to study the correlation between inventory turnover and related factors. The purpose of this paper is to understand the current situation of inventory management in garment industry, to confirm which factors are related to inventory management, and to improve the inventory management of enterprises, which can guide the inventory management of garment enterprises in China. Through the comprehensive analysis of the proportion of inventory to current assets and total assets, the quality of inventory assets and the inventory turnover of enterprises in the past five years, this paper aims to observe the current situation of inventory management of listed companies in clothing industry in China. It is pointed out that high inventory level is an urgent problem to be solved. Then it makes an empirical analysis on the related financial indicators which affect the inventory turnover of clothing industry in China. The results show that inventory turnover is positively related to the proportion of fixed assets, negatively related to gross profit rate and the scale of enterprises. There is a positive correlation with the enterprise's production flexibility, but no obvious correlation with the solvency and macroeconomic indicators. Then we further analyze other factors that affect inventory turnover, such as new business model, enterprise information level, and then put forward some suggestions to improve inventory management. Finally, this paper points out the shortcomings of this study and puts forward the direction of future research.
【学位授予单位】：河北大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F274;F426.86

【参考文献】