- Created by: biggestdrakefan
- Created on: 09-05-21 11:17
Working capital is the money that is available for the day to day running of the business.
Managing the working capital cycle to ensure that there is always enough working capital in the system to prevent blockages or delays is crucial to successful financial management
Actively managing the working capital cycle involves:
- Ensuring there is enough money in the system altogether
- Making sure cash moves through the cycle as quickly as possible
If those two…