Paperback: 148 pages
Publisher: LAP LAMBERT Academic Publishing (October 12, 2012)
Language: English
ISBN-10: 3659273589
ISBN-13: 978-3659273582
Product Dimensions: 5.9 x 0.3 x 8.7 inches
Format: PDF ePub TXT ebook
There are two elements in the business cycle that absorb cash - Inventory (stocks and work-in-progress) and Receivables (debtors owing you money). The main sources of cash are Payables (your creditors) and Equity and Loans. Each component of working capital (namely inventory, receivables and payables) has two dimensions TIME and MONEY. When it comes to managing working capital - TIME IS MONEY. If you can get money to move faster around the cycle ...
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