Essentials of Working Capital Management

A comprehensive primer for executives and managers on working capital management With limited access to credit and short term funding, it is increasingly important that companies focus on working capital management to free up funds and optimize liqidity. Written in the easy-to-follow Essentials Series style, Essentials of Working Capital Management covers the main components of working capital. Covers the latest trends around working capital Discusses a range of working capital topics, including cash management, banking relations, accounts receivable, inventory, accounts payable, and foreign exchange Analyzes the efficient utilization of current assets and liabilities of a business through each phase of the operating cycle Examines the planning, monitoring, and management of the company's collections, disbursements and concentration banking Explores the gathering and management of information and forecast data to effectively use funds and identify risk Focused on how businesses can continue to be successful in these difficult times, specifically in relation to the limited credit available to businesses, this book puts practical guidance at your fingertips so you can put them to work right away. A comprehensive case introduces each major section of the book, and suggested solutions are included in a book appendix.Content: Chapter 1 Concepts in Working Capital Management (pages 1–18): Chapter 2 Cash: Management and Fraud Prevention (pages 19–42): Chapter 3 Cash, Credit, and Short?Term Financial Instruments (pages 43–60): Chapter 4 Concentration Banking and Financial Institution Relationships (pages 61–80): Chapter 5 Accounts Receivable and Working Capital Issues (pages 81–110): Chapter 6 Inventory and Working Capital Issues (pages 111–131): Chapter 7 Payables and Working Capital Issues (pages 132–149): Chapter 8 International Working Capital (pages 151–174): Chapter 9 Information and Working Capital (pages 175–198): Chapter 10 Managing the Working Capital Cycle (pages 199–221):