Introduction: At present, the problem of “triangular debt” in the instrumentation industry is serious, especially for small and medium-sized enterprises. The proportion of accounts receivable is high, but it is not enough.

Yan Zengxu, secretary general of the China Instrument and Meter Association, said on August 16 that at this stage, the “triangular debt” problem of the instrumentation industry is relatively serious, and some SMEs have a higher proportion of accounts receivable.

Yan Zengxu said that the main reason for the "triangular debt" problem is that the enterprises in the instrumentation industry are relatively small, and it is impossible for the upstream and downstream enterprises to respond strongly. If the enterprises do not have the scale and capital advantages for the upstream suppliers, the downstream enterprises can not pay back the funds in arrears. Then the capital chain of the instrument company will be very tight.

However, due to the relatively high added value of the instrumentation industry, most companies' cash flow can balance the "triangular debt" problem, but small and medium-sized enterprises seem to be unable to deal with the problem.

Yan Zengxu hopes that on this issue, instrument and meter enterprises can strengthen their attention, ensure the smooth flow of cash flow, and take measures to actively face problems.

The narrow “triangular debt” refers to a closed debt chain formed by arrears between three or more enterprises. The broad “triangular debt” refers to the arrears between the enterprises exceeding the collection commitment period or the agreed payment period. . (This article Source: Great Wisdom AASTOCKS News Agency, please indicate the source)