20

Working Capital Management

“We want to turn our inventory faster than our people.”

 

James Sinegal

LEARNING OBJECTIVES

After reading the chapter, you will be able to:

  1. Understand the concept of working capital.

  2. Discuss the objective of working capital management.

  3. Analyse aggressive and conservative working capital policies.

  4. Look at the factors affecting working capital.

  5. Understand the concept of operating cycle.

  6. Assess working capital requirements.

FINANCE IN PRACTICE

Established in 1995, Amazon.com is an American multinational e-commerce company. It is America's largest online retailing company. The company has diversified product lines ranging from DVDs and software to food and furniture.

Generally, companies manufacture products ...

Get Financial Management now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.

Start your free trial