|
With the emergence and deepening of the new application field of science and technology comes the opportunity of growth for the electronic industry. However, in the face of fast changes in the market, the electronic distributing industry, an important binder of the middle and lower reaches of the semiconductor industry, provides the dynamic information of the upstream semiconductor industry, stock , and high-quality products and services for downstream customers. In the WPG Company General Assembly held at the beginning of 2017, it was reported that the pure profit of 2016.Q4 decreased by 80% after tax due to overdue bad debts, 1 billion 550 million yuan, from one of its customers, Leshi Internet Information and technology corp. Meanwhile, another distributing company, WT MICROELECTRONICS CO.,LTD, also made the lowest net profit in nearly three years since 2015 because of the overdue bad debts of nearly 500 million yuan from also Leshi Internet Information and technology corp. This paper takes semiconductor distributors as the research object and uses the Date Envelopment Analysis (DEA) to analyze the financial data of thirteen listed companies obtained from the Taiwan public information observation station to find out the key and difficulties of the credit management under the accounts receivable in the hopes to learn more about the efficiency of different distributors. It is hoped that the enterprise can, without worrying about the setbacks caused by the bad debt loss, create a complete set of customer credit management system to effectively control the credit risk, which in turn can make the bad debt risk no longer an operation threat and bring substantial help in the constant changes of the operating environment.
|