Financial Flexibility Analysis of Customized Furniture Enterprises Based on OPM Strategy-Taking STY as an Example
- DOI
- 10.2991/aebmr.k.201211.109How to use a DOI?
- Keywords
- OPM strategy, financial flexibility, customized furniture enterprises
- Abstract
OPM strategy is a capital management strategy that utilizes the position of enterprises in the supply chain, maximizes the use of upstream and downstream funds, saves their own funds, and improves the competitiveness of enterprises. Taking Suofeiya Home Collection Co. Ltd(abbreviations SFY), a custom furniture enterprise, as an example, analyzes its major indicators such as working capital turnover and financial flexibility through financial index analysis method, and finds that it implements a positive OPM strategy and effectively enhances its financial flexibility. An effective OPM strategy can provide sufficient cash flow to help custom furniture enterprises better cope with market risks.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Min Zhu PY - 2020 DA - 2020/12/14 TI - Financial Flexibility Analysis of Customized Furniture Enterprises Based on OPM Strategy-Taking STY as an Example BT - Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020) PB - Atlantis Press SP - 632 EP - 636 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.201211.109 DO - 10.2991/aebmr.k.201211.109 ID - Zhu2020 ER -