(1) Estimating the amount of working capital of the borrower.
The influencing factors of working capital of borrowers mainly include cash, inventory, accounts receivable, accounts payable, accounts received in advance and accounts received in advance. On the basis of investigation, predict the changes of various capital turnover times and reasonably estimate the borrower's liquidity. In actual calculation, the borrower's liquidity demand can refer to the following formula:
Working capital = last year's sales revenue ×( 1- last year's sales profit rate )× (1+estimated sales)
Annual growth rate of income)/working capital turnover times
In which: turnover times of working capital = 360/ (inventory turnover days+average collection period-accounts payable.
Turnover days+prepayment turnover days-prepayment turnover days)
Turnover days =360/ turnover times
Accounts receivable turnover times = sales revenue/average accounts receivable balance
Turnover times of accounts received in advance = sales revenue/average balance of accounts received in advance
Inventory turnover times = cost of sales/average inventory balance
Prepayment turnover times = cost of sales/average prepayment balance
Accounts payable turnover times = cost of sales/average accounts payable balance
Two, estimate the amount of new working capital loans
After deducting the borrower's expected liquidity demand from the borrower's own funds, existing liquidity loans and other financing, the amount of new liquidity loans can be estimated.
New working capital loan amount = working capital-borrower's own funds-existing working capital loans-working capital provided by other channels.
Third, other factors that need to be considered
(1) All banking financial institutions shall reasonably predict the turnover days of the borrower's accounts receivable, inventory and accounts payable according to the actual situation and future development (such as the industry, scale, development stage and negotiation status of the borrower). ), and may consider certain insurance factors.
(II) For related customers of the Group, the consolidated statement can be used to estimate the amount of working capital loans. In principle, the total amount of working capital loans of member enterprises included in the consolidated statements cannot exceed the expected value.
(3) For small business financing, order financing, prepaid rent or temporary large debt financing, etc. On the basis of the authenticity of the transaction, the amount of working capital can be determined according to the actual transaction demand, while ensuring effective control over the use and repayment.
(4) For seasonal production borrowers, the liquidity demand can be estimated according to the annual continuous production period, and the loan term can be reasonably determined according to the repayment period.
New working capital loan amount = working capital-borrower's own funds-existing working capital loans-working capital provided by other channels.
All non-main business funds except the borrower's own funds and existing working capital loans, including cash obtained from enterprise capital operation margin financing and securities lending, new capital injection by shareholders, loan recovery, investment income, policy distribution, rental income, etc. In the company's business activities, non-main business income can be credited to working capital provided by other channels.
Problems in the calculation of borrower's own funds in the estimation of working capital loan amount
Self-owned funds are reflected in the statements as owners' equity, and shown as current assets and non-current assets in the balance sheet. Therefore, deducting non-current assets from owners' equity is the self-owned funds used for Nissan's operation, that is, the self-owned funds needed to calculate the amount of working capital loans.