Research on the Nature and Management of Deposit in Sharing Economy Enterprises
- Yunchun Yu, Qingyuan Liu
- Corresponding Author
- Yunchun Yu
Available Online May 2019.
- https://doi.org/10.2991/bems-19.2019.45How to use a DOI?
- OFO; sharing economy; payable accounts; working capital.
- The sharing economy has witnessed explosive growth, and it has penetrated into many fields such as transportation, housing rental and knowledge resources, etc. The capital scale deposited on the sharing platform by such users represented by deposit has been continuously expanded, providing new ideas and methods for fund management. In accounting, the deposit is recorded as "payable accounts", which is one of the important sources of working capital. From amazon and JD to the real estate sector, payable accounts have generated positive value in working capital management. Ofo, on the other hand, is a negative example of capital management. It ignores the sustainability and turnover efficiency of working capital, and trades capital inflow for crazy expansion, which leads to the rupture of capital chain. It can be found that in sharing economy enterprises, it is significant important to appreciate the value of deposit, a huge capital pool, and fully recognize the role of deposit in working capital management, which can provide effective guarantee for the good operation of enterprises.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Yunchun Yu AU - Qingyuan Liu PY - 2019/05 DA - 2019/05 TI - Research on the Nature and Management of Deposit in Sharing Economy Enterprises BT - 1st International Conference on Business, Economics, Management Science (BEMS 2019) PB - Atlantis Press SN - 2352-5428 UR - https://doi.org/10.2991/bems-19.2019.45 DO - https://doi.org/10.2991/bems-19.2019.45 ID - Yu2019/05 ER -