How to Improve Working Capital Management
Author: Alexander Gordon
Placed by Janet Schlarbaum
Placed here by Janet Schlarbaum
“Cash is the lifeblood of business” is an oft-repeated maxim amongst financial managers. Working capital management refers to the management of current or short-term assets and short-term liabilities. Components of short-term assets include inventories, loans and advances, debtors, investments and cash [...]