Working capital management is a business strategy designed to ensure that a company operates efficiently by monitoring and using its current assets and liabilities to the best effect. Working capital is an organization's availability of cash and near-cash assets (such as receivables and inventory) and considers its ability to pay its immediate bills using those funds.
This course will help build a better understanding of this topic and you will learn:
- What is working capital and how is it calculated?
- Key liquidity ratios
- How to manage short-term investments
- How to manage components of working capital
- Short-term funding options
This course is made up of videos, questions, and additional reading materials and accounts for 4 units of CPD. One unit is the equivalent of one hour of learning.