000 02208nam a2200229 i 4500
001 9789811259654
005 20250414083508.0
008 240416t2023 xxu e 001 0 eng
020 _a9789811259654
037 _bWorld Scientific Publishing
_cUSD 158.00
037 _fBB
041 _aeng
072 7 _aBUS017000
_2bisacsh
100 1 _4B01
_aBaker, H Kent
245 1 0 _aWorking Capital Management: Concepts And Strategies
260 2 _bWorld Scientific
_c2023
520 _bWorking capital refers to the money that a company uses to finance its daily operations. Proper management of working capital is critical to financial health and operational success. Working capital management (WCM) aims to maximize operational efficiency by maintaining a delicate balance among growth, profitability, and liquidity. WCM is a continuous responsibility focusing on a firm's day-to-day operations involving short-term assets and liabilities. By efficiently managing a firm's cash, accounts receivable, inventories, and accounts payable, managers can help maintain smooth operations and improve a company's earnings and profitability. By contrast, poor WCM could lead to a lower credit score, financial insolvency, legal troubles, liquidation of assets, and potential bankruptcy.This book provides an objective look into the dynamic world of WCM. Its coverage extends from discussing basic concepts and their applications to increasingly complex and real-world situations. The book stresses that WCM is a combination of both art and science. This volume spans the gamut from theoretical to practical while offering the right balance of detailed and user-friendly coverage. Readers can gain an in-depth understanding of this subject from experts in this field. Those who want a broad survey will benefit, as will readers looking for more in-depth presentations of specific areas within this field of study. In summary, Working Capital Management: Concepts and Strategies provides a fresh look at this intriguing but often complex subject of WCM.
521 _aProfessional and scholarly
540 _aFor sale with non-exclusive rights
_bWORLD
700 1 _4B01
_aBarkley, Tom
700 1 _4B01
_aFilbeck, Greg
999 _c10017
_d10017