Bookcover of The Ball Game of Working Capital Management
Booktitle:

The Ball Game of Working Capital Management

Basics, concepts and methods

LAP LAMBERT Academic Publishing (2012-10-12 )

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ISBN-13:

978-3-659-27358-2

ISBN-10:
3659273589
EAN:
9783659273582
Book language:
English
Blurb/Shorttext:
There are two elements in the business cycle that absorb cash - Inventory (stocks and work-in-progress) and Receivables (debtors owing you money). The main sources of cash are Payables (your creditors) and Equity and Loans. Each component of working capital (namely inventory, receivables and payables) has two dimensions TIME and MONEY. When it comes to managing working capital - TIME IS MONEY. If you can get money to move faster around the cycle (e.g. collect monies due from debtors more quickly) or reduce the amount of money tied up (e.g. reduce inventory levels relative to sales), the business will generate more cash or it will need to borrow less money to fund working capital. As a consequence, you could reduce the cost of bank interest or you'll have additional free money available to support additional sales growth or investment. Similarly, if you can negotiate improved terms with suppliers e.g. get longer credit or an increased credit limit, you effectively create free finance to help fund future sales.
Publishing house:
LAP LAMBERT Academic Publishing
Website:
https://www.lap-publishing.com/
By (author) :
SUPRIYA MITRA MAJUMDAR
Number of pages:
148
Published at:
2012-10-12
Stock:
Available
Category:
Other
Price:
59.00 €
Keywords:
The Ball Game of Working Capital Management; basics, concepts and methods.

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