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The proper management of working capital may bring about the success of a business firm. The management of working capital includes the management of current assets and current liabilities.
24 Αυγ 2023 · PDF | On Aug 24, 2023, Zdeněk Toušek and others published Importance of Working Capital Management and Its Components for Firm Profitability* | Find, read and cite all the research you...
3 Μαρ 2017 · This paper represents an overview of Working Capital – An Effective Business Management Tool. It depicts the importance of Working Capital in business management and its success.
12 Μαΐ 2020 · This paper provides contextual explanations on the related aspects of Working Capital (WC) management.
Working capital management (WCM) refers to the managing of short-term finances. The basic idea is that assets should be allocated so that their optimal potential is realized and thus minimize waste.
Recognizing the importance of WCM to maintain a company’s vency and growth and provide value to shareholders, Working Management: Concepts and Strategies focuses on three themes. emphasizes maintaining liquidity through appropriate cash techniques.
Active working capital management brings a reduction in the operating costs of managing inventories and receivables, thus improving liquidity. This strengthens the balance sheet and reduces borrowing costs.
