What you'll learn

Learn what working capital is and why working capital management is critical to a business

Calculate the number of days it takes a company to sell inventory, collect receivables, and pay suppliers

Measure the length of the cash conversion cycle and see how it affects the need for financing

Understand how better working capital management can shorten the cash conversion cycle and improve cash flow

Analyze real-world companies to see how different business decisions affect working capital

Identify trends in working capital ratios and interpret whether these trends suggest a worsening financial position.

Learn specific strategies to optimize receivables, inventory, and payables turnover and improve cash flow

Optimize cash management to reduce borrowing costs