Working Capital - Conversations about effective working capital management

Working capital management is an important aspect of running a business as it attempts to ensure that the business has sufficient cash resources available to meet payments of creditors as they fall due. This guide covers the three main areas of holding inventory, collection of debtors and discharge of creditors, which need to be managed effectively and efficiently.

This guide has been written as a series of conversations between two finance people, one is mentoring the other for the duration of a working capital improvement project.

The author has worked in finance for 38 years and is a qualified accountant.