A Study on the Relationship between Accrued Income and Earnings Quality of Listed Companies in the Hotel Industry
- DOI
- 10.2991/mmetss-17.2017.24How to use a DOI?
- Keywords
- Hotel industry listed companies, Accounts receivable, Earnings quality, Relevance
- Abstract
As a creditor's right of enterprises, accrued income directly influences the actual earnings level of enterprises. Based on the seasonal data from 2009Q1 - 2015Q3, by selecting the relevant indicators of accounts receivable as the indicators of measuring accrued income, an empirical test on the relevance of accounts receivable and earnings quality of listed companies in China's hotel industry is carried out. According to the study, we can draw conclusions below: the size of accounts receivable is positively related to earnings quality; the turnover rate of accounts receivable is positively related to earnings quality; the difference between the growth rate of operating income and the growth rate of accounts receivable is positively related to the earnings quality; hotel class listed companies' accounts receivable accounts for a higher proportion of assets, and the growth rate of accounts receivable is generally higher than the growth rate of operating income, but the average turnover rate of accounts receivable is within a reasonable range. Therefore, enterprises may be appropriate to relax the credit limit, establish the collection system strictly, strengthen the recovery and management of accounts receivable.
- Copyright
- © 2017, 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 - Huiyue Liu AU - Chenyan Hu PY - 2017/07 DA - 2017/07 TI - A Study on the Relationship between Accrued Income and Earnings Quality of Listed Companies in the Hotel Industry BT - Proceedings of the 2017 2nd International Conference on Modern Management, Education Technology, and Social Science (MMETSS 2017) PB - Atlantis Press SP - 111 EP - 118 SN - 2352-5398 UR - https://doi.org/10.2991/mmetss-17.2017.24 DO - 10.2991/mmetss-17.2017.24 ID - Liu2017/07 ER -