The article points out that at present, the spring breeze of the “60-day billing period” has not fairly blew away all suppliers. On the one hand, suppliers, represented by raw materials, enjoy the dividends of shortened billing periods more quickly; on the other hand, including some equipment manufacturing, infrastructure projects, etc., a certain percentage of suppliers are still stuck in the trap of a long repayment cycle. In the process of fulfilling promises, it is worth paying attention to whether “hidden account periods” will spread in a hidden form. Although the nominal account period of some enterprises has indeed been shortened, it is possible to maintain or even extend the actual use of capital through “innovative” methods. For example, by delaying acceptance, the curve avoids the 60-day time limit; by adding related companies or intermediaries, capital is nominally transferred to the upstream; in reality, the upstream supply chain has not quenched its thirst, and capital is still idle or stranded. This is still passing on the “cost of the price war” to the upper reaches of the industrial chain, which deviates from the original purpose of account period reform.

Zhitongcaijing · 07/14 22:33
The article points out that at present, the spring breeze of the “60-day billing period” has not fairly blew away all suppliers. On the one hand, suppliers, represented by raw materials, enjoy the dividends of shortened billing periods more quickly; on the other hand, including some equipment manufacturing, infrastructure projects, etc., a certain percentage of suppliers are still stuck in the trap of a long repayment cycle. In the process of fulfilling promises, it is worth paying attention to whether “hidden account periods” will spread in a hidden form. Although the nominal account period of some enterprises has indeed been shortened, it is possible to maintain or even extend the actual use of capital through “innovative” methods. For example, by delaying acceptance, the curve avoids the 60-day time limit; by adding related companies or intermediaries, capital is nominally transferred to the upstream; in reality, the upstream supply chain has not quenched its thirst, and capital is still idle or stranded. This is still passing on the “cost of the price war” to the upper reaches of the industrial chain, which deviates from the original purpose of account period reform.