This section looks at the benefits of good working capital management. It closes with an illustrative example of a working capital calculation and correlates the similarities to the current ratio.

This section illustrates practical ways to manage debtors and creditors which could be applied to a business. This will in effect constitute good working capital management.

This section illustrates practical ways to manage cash and inventory which could be applied to a business. This will in effect constitute good working capital management.

This section looks at the cash conversion cycle and the elements of the cash conversion cycle in detail. A practical example of days in payables is calculated which is followed by the calculation of the cash conversion cycle. The section concludes with the uses of the cash conversion cycle in a business context.

This section looks at the operating cycle and the elements of the operating cycle in detail. Practical examples of days in inventory and debtors are calculated and the section concludes with a culmination of how the operating cycle is calculated.

This section looks at the working capital cycle and the inter-dependencies of all the elements of working capital. It also assesses the working capital needs of different types of businesses and helps you understand what elements of working capital are higher or lower priorities in different businesses.

This section looks at the different elements of working capital in detail. It defines what the elements entail and concludes with an illustrative example of what represents working capital and how it is calculated.

This section looks at the different elements of working capital and what they mean to a business. It also looks at the working capital formula and the impact of working capital on the balance sheet is also discussed.

This section looks at a company’s weighted average cost of capital (WACC). The concept is defined and explained, and an illustrative example shows a step by step method to calculate the WACC, which is an extremely important indicator in any business. 

This section looks at the advantages and disadvantages of debt vs equity financing. It is important to differentiate the uses and drawbacks of using a particular mode of financing in a business and this section helps you analyse the most appropriate method to use.