Master's ThesesAuthor: Nguyen Trang Kieu Diem; Advisor: Dr. Pham Phu Quoc (2018)
Minh Phu Seafood Joint Stock Company (Minh Phu), the largest shrimp processor in Vietnam and was known as the shrimp king of Vietnam had always operated at high profit since 2012. However, the Company’s performance faced a significant down trend, even made loss in 2015. After a thorough investigation on the case, the circumstance was found there are two main problems related to control over account receivables turnover and ineffective finance leverage of the Company. In detail, the accounts receivable turnover in 2013 was 13.27 and 13.02 in 2014, while the figure decrease 10.28 in 2015 which show that management of account receivable has the problem. About the using finance leverage, ...