The Market Has Entered The Vacation On A Large Scale. The Textile Enterprises Have Already Opened The Collection Mode.

By mid January, it is also an important node. Most textile enterprises will have a holiday on the 15 th. In other words, the textile market will enter the vacation mode on a large scale. The textile workers who have worked hard for a year have finally welcomed the only holiday in a year. However, textile bosses can not relax at all, and the most important thing to do is to collect money.

Recently, a picture has been widely circulated in the circle of friends in the textile industry. The picture is about a textile boss's recent week's work. Besides collecting money is collecting money, there is a sense of "the earth does not explode, we do not have a holiday".

For cloth boss, receivables are unavoidable. It seems that the textile industry is ubiquitous and is also a big problem. Compared with previous years, this year's receivables are worse than before. The number of accounts receivable is greater, the repayment period is longer than in previous years, and it is more and more difficult. This year, the arrears period of the grey fabric market has basically been maintained for 2-3 months, and there are more than half a year or more, or even bad debts. The payment for trade orders is even more serious than that of grey debts, and this has always been the case. Most of the domestic orders are required to pay the deposit, and the remaining payments are in arrears. This year, the amount of arrears has also been extended from the monthly knot to more than 3 months, or even longer.

01

Why is corporate debt more serious this year?

Why is it harder to pay this year? The biggest problem is that the overall market is not good, clothing retailers are unsalable, cash flow is reduced, it is difficult to pay clothing costs to garment factories, which leads to the fact that garment factories can not pay fabric costs to fabric producers, and finally the fabric traders are in arrears with the fabric manufacturers. As a result, the whole industry has formed a "sell chain". The problem of one party's funds leads to the whole industry's arrears.

02

Enterprises accept debt but refuse to accept commercial bills.

For this year's downturn, sales volume is also an important task for enterprises. In order to seize the bill, sometimes we have to pay in arrears or accept some commercial bills, such as bank acceptance and commercial acceptance. And this kind of bill also brings difficulties to enterprises, one is payment difficulties, the two is to increase financial burden, and the three is to raise management costs and risks.

Mr. Wang, who has been weaving for more than 10 years, said: "our factory seldom receives such bills, and it is rare to have only the bankers' acceptances. This year, the market is not good. In order to get rid of inventory and meet new customers, there are large bills on hand, but no funds, so they are asked to pay bank acceptance bills. If an old customer is willing to pay debts, he will not accept a bank acceptance bill. This kind of bill of exchange has 2% service charge, equal to 2% less profit. This year's profit is low. What is the cost of removing these 2 points?

Therefore, when the market is bad, enterprises can accept debt rather than commercial bills. This explains why the arrears increase this year.

03

The amount and account period of different enterprises are different.

In the Xiaobian interview research, it was found that in recent years, transformation has been made, new machines have been updated, and new products have been continuously developed. The problem of arrears is good, and the repayment is relatively easy. On the contrary, the renewal rate of products is slow, and the enterprises with strong substitutability are more and more difficult to collect. This shows that the conservative enterprises are passive in the market, without the right to speak, and easy to be led by customers. Products with novelty and hard to replace enterprises have strong voice, and can independently select customers and control the amount of arrears.

To sum up, in order to reduce receivables, it is necessary to improve the attractiveness and creativity of the enterprises themselves, and to have the dominant power in their own hands, and have enough ability to "say no" for customers who want to pay their debts. Finally, Xiaobian here appealed to the textile people who had debts on their own to be able to return money in time. No one is easy to understand each other.