德勤的信用风险管理ppt课件.ppt

《德勤的信用风险管理ppt课件.ppt》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。

1、CreditRiskManagementEnhancingYourBottomLine焊各沮拘僚驰香芍汾杉喂亮辟下唬同嘿袄漱幽霉天丹趟鞘耕他巍旭诣瑶谷德勤的信用风险管理德勤的信用风险管理CreditBackgroundThoroughidentificationandaccuratemeasurementofcreditrisk,supportedbystrongriskmanagementcanhelpimprovethebottomline…..Anuncertainandvolatileeconomicenvironmen

2、tsignificantlyimpactsthisability…..Thedesiretogrowandturninoutstandingresultshasatendencytoputpressureonthechecksandbalanceswithinbusinesses竖静思硬凸邢栖浮涌物虚两选捻船盼奔蛋艘渭泞故岛卤沈倚概囚钮踞惟糙德勤的信用风险管理德勤的信用风险管理ValuePropositionCreditplaysacriticalrolein“selling”productsandservicesExpands

3、revenueopportunitieswithcreditworthy,incrementalcustomersUtilizesinnovativestructurestosupportbusinessrelationshipsEffectivecreditriskmanagementlimitscreditlossesandprovidesstablecashflowsandearningsMarketplacerewardscompaniesexhibitingearningsandcashflowstabilitywit

4、hhigherP/EmultiplesMarketplacepenalizescreditinducedvolatilityand“surprises”Raisesquestionsaboutqualityofmanagement忍项炯锄汉谱亲随括奔州倪澡玩亨挫藻锻得天卜沿寄沥础块挤牲汁在坡素德勤的信用风险管理德勤的信用风险管理CorporateCreditRiskCompaniesareexposedtosignificantlevelsofcreditriskemanatingfromdifferentsourcesAcco

5、untsReceivablesOtherNotesReceivablesBuyerandFranchiseFinancingWithRecourseFinancingProjectFinanceStructuredTransactionsLeaseswithRecourseDerivativesExposuresFX,InterestRateRisk,Commoditiesetc.CollateralRiskParentorThirdPartyGuaranteesCommercialandStandbyLettersofCred

6、itNotealsothatCriticalSupplierstothecompanymayposespecificcreditrisk哨课庭赔窃姓事营诱麻幻森黍媚高荧迷痹值微蠢蔽查伍恒贺耸喂赘旭漂明德勤的信用风险管理德勤的信用风险管理DSOImpact…anexampleActualCompanyAPeerAverageQ3A/R$295,396,000Q3Sales$261,201,000DSOs=12451.3HypotheticalDCashDSOs51.3Q3Sales$261,201,000Q3A/R=$122,

7、002,230+$173,393,770Equals295.4M/261.2Mx90(ornumberofdaysinsalesperiod)力耸迫晋狂尿矿揽亥卓糜邀善贫缴找龙门押假卯厌烬琉棕昆峨呼镐邪勋塞德勤的信用风险管理德勤的信用风险管理CreditasaFacilitatorCreditriskmanagementisimportantCreditisafacilitatorofbusinessgrowthandperformanceHighbusinessmarginstendtoattractlowerqualityc

8、lientsandthereforehigherriskprofiletomanageClients(buyers)maybeconcentratedinselectedindustriesandprovidelimitedportfoliodiversific