Working Capital Management: Applications and Case Studies PDF
Working Capital Management is a comprehensive primer on keeping your business financially competitive in the face of limited access to short-term funds. With detailed insight applicable to each phase in the business cycle, this authoritative guide helps managers revamp current practices for more efficient use of assets and liabilities, including more stringent monitoring and planning of collections, disbursements, and balances. Readers will learn how to minimize investments in idle resources, and how to maximize the use of forecast data to better identify risk and the optimal use of available funds. Case studies illustrate the practical applications of the ideas presented, with particular attention given to cash budgeting, forecasting, banking relationships and other common scenarios with specific requirements.
Managing a company’s short-term resources is both an art and a science. Effectively maintaining funds for ongoing activities – and keeping those funds liquid, mobile, and available – is a masterful skillset lacking in business. Working Capital Management offers pr.
Chapter List (160 chapters):
- Chapter 1: Working Capital Management
- Chapter 2: Preface
- Chapter 3: Concept of the Book
- Chapter 4: Acknowledgments
- Chapter 5: Chapter 1: Concepts in Working Capital Management
- Chapter 6: Working Capital Concepts
- Chapter 7: Improving Working Capital Management
- Chapter 8: The Significance of Working Capital
- Chapter 9: Cost as the Working Capital Issue
- Chapter 10: Applying These Ideas to a Real Business: Best Buy
- Chapter 11: Summary
- Chapter 12: Notes
- Chapter 13: Chapter 2: Working Capital Ratios and Other Metrics
- Chapter 14: Ratio Analysis
- Chapter 15: Other Ratios and Their Application
- Chapter 16: Other Metrics
- Chapter 17: Benchmarking
- Chapter 18: General Problems in the Use of Ratios and Metrics
- Chapter 19: Summary
- Chapter 20: Notes
- Chapter 21: Chapter 3: Cash—Management and Fraud Prevention
- Chapter 22: Forms of Cash
- Chapter 23: Paper Transactions: Lockboxing
- Chapter 24: Paper Transactions: Depository Accounts
- Chapter 25: Paper Transactions: Controlled Disbursement
- Chapter 26: Electronic Transactions
- Chapter 27: Float and Cost Issues
- Chapter 28: Summary
- Chapter 29: Notes
- Chapter 30: Chapter 4: Cash—Credit and Short-Term Financial Instruments
- Chapter 31: Developing a Short-term Forecast
- Chapter 32: Cash Budgeting
- Chapter 33: Credit Financing
- Chapter 34: Short-term Investments
- Chapter 35: Summary
- Chapter 36: Notes
- Chapter 37: Chapter 5: Managing Bank Relationships
- Chapter 38: The Changing Financial Landscape
- Chapter 39: Bank Relationship Management
- Chapter 40: Cash Mobilization in a Multibank Network
- Chapter 41: General Terms of Credit Facilities
- Chapter 42: Specific Terms in Credit Facilities
- Chapter 43: Ongoing Bank Relationship Concerns
- Chapter 44: Summary
- Chapter 45: Notes
- Chapter 46: Appendix to Chapter 5: Selecting Noncredit Banking Services
- Chapter 47: The Request for Proposal
- Chapter 48: RFP Evaluation
- Chapter 49: Chapter 6: Accounts Receivable and Working Capital Issues
- Chapter 50: Elements of Receivables Management
- Chapter 51: Float Opportunities in Managing Receivables
- Chapter 52: Receivables Cycle Monitoring: Ratios
- Chapter 53: Receivables Cycle Monitoring: The Aging Schedule
- Chapter 54: Sales Financing
- Chapter 55: Credit Reporting
- Chapter 56: Terms of Sale
- Chapter 57: Invoice Generation
- Chapter 58: Asset-Based Financing
- Chapter 59: Debt Collection Agencies
- Chapter 60: Summary
- Chapter 61: Notes
- Chapter 62: Chapter 7: Inventory and Working Capital Issues
- Chapter 63: Elements of Inventory Management
- Chapter 64: Inventory Cycle Monitoring: Ratios
- Chapter 65: Inventory Cycle Monitoring: Metrics
- Chapter 66: The Purchasing Function
- Chapter 67: Analyzing Purchasing Activities
- Chapter 68: EOQ and JIT
- Chapter 69: Work-in-Process
- Chapter 70: ABF: Inventory Financing
- Chapter 71: Summary
- Chapter 72: Notes
- Chapter 73: Chapter 8: Payables and Working Capital Issues
- Chapter 74: Elements of Payables Management
- Chapter 75: Payables Cycle Monitoring: Ratios
- Chapter 76: The Accounts Payable Function
- Chapter 77: Payables Using Internal Processes
- Chapter 78: Payables Outsourcing
- Chapter 79: Check Payments in a Comprehensive Payables Environment
- Chapter 80: Payroll Disbursements
- Chapter 81: Summary
- Chapter 82: Notes
- Chapter 83: Chapter 9: International Working Capital
- Chapter 84: Capitalism Goes Global
- Chapter 85: The Financing of International Transactions
- Chapter 86: The Foreign Exchange Markets
- Chapter 87: Country Risk Analysis
- Chapter 88: Other Significant Issues in International Working Capital
- Chapter 89: Cultural and Corporate Practices Affecting Working Capital
- Chapter 90: Summary
- Chapter 91: Notes
- Chapter 92: Chapter 10: Information and Working Capital
- Chapter 93: Information Technology
- Chapter 94: Bank Information Technology
- Chapter 95: Internet Bank Technology
- Chapter 96: ERP: An Alternative Approach
- Chapter 97: Choosing Working Capital Information Systems
- Chapter 98: Summary
- Chapter 99: Notes
- Chapter 100: Chapter 11: Managing the Working Capital Cycle
- Chapter 101: Risk and Working Capital
- Chapter 102: Traditional Risk Management
- Chapter 103: Enterprise Risk Management
- Chapter 104: The ERM Process
- Chapter 105: Efficiency and Working Capital
- Chapter 106: Working Capital and Liquidity
- Chapter 107: Suggested Actions
- Chapter 108: Developments in Working Capital Management
- Chapter 109: The Gizmo Deal: How Delays Turn Profits into Losses
- Chapter 110: Summary
- Chapter 111: Notes
- Chapter 112: Chapter 12: Introduction to Working Capital Cases
- Chapter 113: Sequence of the Cases
- Chapter 114: The Concept of the Working Capital Case
- Chapter 115: Case: Widget Manufacturing
- Chapter 116: Suggested Solutions
- Chapter 117: Note
- Chapter 118: Cases on Working Capital Management
- Chapter 119: Case 1: Dinner Bell Hotel
- Chapter 120: Cash Flow Issues
- Chapter 121: Alternative Actions
- Chapter 122: The “Raw” Data
- Chapter 123: Questions
- Chapter 124: Case 2: Koala Fun
- Chapter 125: The Partners' First Success
- Chapter 126: Financial Concerns
- Chapter 127: Borrowing Issues
- Chapter 128: Working Capital
- Chapter 129: Final Thoughts
- Chapter 130: Questions
- Chapter 131: Case 3: Miller Building Supplies
- Chapter 132: Joseph Miller Starts MBS
- Chapter 133: Variations in Working Capital Requirements
- Chapter 134: A Banker's Assistance
- Chapter 135: Questions
- Chapter 136: Case 4: Office Smart
- Chapter 137: The Business of Office Smart
- Chapter 138: Financial Issues
- Chapter 139: Questions
- Chapter 140: Case 5: Quacker Cracker
- Chapter 141: The Attitude toward Debt
- Chapter 142: Financial Planning
- Chapter 143: Questions
- Chapter 144: Case 6: Young Brands
- Chapter 145: Changes in YB's Global Marketing Strategy
- Chapter 146: Forecasting Considerations
- Chapter 147: Working Capital Issues
- Chapter 148: Financial Issues
- Chapter 149: Questions
- Chapter 150: Appendix I: Basic Financial Concepts
- Chapter 151: General Balance Sheet Issues
- Chapter 152: Assets and Liabilities
- Chapter 153: Net Worth
- Chapter 154: Cost of Capital
- Chapter 155: Appendix II: Websites of Working Capital Organizations*
- Chapter 156: Glossary
- Chapter 157: U.S. Legislation Significant to Working Capital Management
- Chapter 158: About the Author
- Chapter 159: Index
- Chapter 160: End User License Agreement