Archive for March, 2009
Working Capital Management-an Effective Tool for Organisational Success
The working capital of a company usually results from four basic factors such as turnover, technological change, seasonal, cyclical changes and corporate strategies. The strenghth of society depends on the working capital as indicated above, but this is inteslf working capital depends on the level of turnover. The corporation needs to work to support and maintain operational or functional. For property means assets that can be easily converted into cash, eg in the year, such as receivables, inventories and cash. If the level of revenue is stable and in line with growth in the level of cash, accounts receivable and inventories are also high on.
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