Home Ihm 5th sem notes Bsc Financial Management Sem 5 WORKING CAPITAL MANAGEMENT

WORKING CAPITAL MANAGEMENT

Amit Kumar
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WORKING CAPITAL

The capital of a business which is used in its day-by-day trading operations, calculated as the
current assets minus the current liabilities. Working capital is also called operating assets or net
current assets.

                                                          WC= CA-CL

WORKING CAPITAL MANAGEMENT

Working capital management refers to a company’s managerial accounting strategy designed to
monitor and utilize the two components of working capital, current assets and current liabilities,
to ensure the most financially efficient operation of the company.

NEED OF WORKING CAPITAL MANAGEMENT

  • Inventory Management
  • Receivables Management
  • Cash Management
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Amit Kumar
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Hii! Welcome to My digital home, I am Amit – an almost no-code generalist, helping businesses with their online presence using WordPress and other tools and simplifying some of their operations with ideas and automation. A psychology and philosophy geek by interest and a graduate in Hospitality Management. I founded hmhelp during college, which got me into WordPress. I am a highly motivated and results-oriented professional with a proven track record of success in the hospitality industry. I’m also a Digital Marketing Enthusiast with significant academic and practical experience managing digital content across multiple platforms. Skilled at SEO optimization, developing digital content for social media platforms, I offer extensive knowledge of multiple software programs, strong attention to detail, and extraordinary communication skills. If you are interested in talking about any of the topics I have mentioned on my website, you are in the right place. You can contact me or learn more about what I do. You can also connect with me on social networks.
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