Working Capital Management

Overview

This course is ideal for professionals who want to learn how to manage their working capital more effectively. By taking this course, participants will gain a comprehensive understanding of the principles and practices of working capital management, practical tools and techniques to optimize cash flow, improve liquidity and financial health, manage risks, and make informed financial decisions. Ultimately, the course provides essential knowledge and skills that can be applied in real-world business settings, making it a valuable asset for anyone seeking to improve their working capital management capabilities.

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Outcome

Explain the link between cash and working capital and the importance of managing working capital effectively.

Describe the components of the cash conversion cycle (CCC) and how changes to the cash flow timeline can impact working capital management.

Evaluate the impact of changes to the CCC on working capital management and external financing requirements.

Compare and contrast current asset investment and financing strategies and summarize the benefits and drawbacks of each.

Evaluate the trade credit policies and forms of credit extension available to a firm and develop a plan for managing accounts receivable. (Creating)

Details

Developed by: Beacon FinTrain

Standard Total Hours: 12 Hrs

Language: English - Bilingual "English & Arabic"

Modalities:

Outline

Operating Cash Flows

Cash Flow Timeline

Float

Days Inventory (DI)

Days Receivables (DR)

Days Payables (DP)

Understanding the CCC

Evaluating the Impact of Changes to the Cash Flow Timeline

Changes in Current Assets

Changes in Current Liabilities

External Financing Requirements

Current Asset Investment Strategies

Current Asset Financing Strategies

Summary of Investing and Financing Strategies

Relationship between Treasury and Credit Management

Trade Credit Policies

Forms of Credit Extension

A/R Management

Cash Application

Considerations Pertaining to Terms of Sale

Financing A/R

A/R Balance Pattern

· Financial Analysts · Treasury Managers · Cash Managers · Controllers · Chief Financial Officers (CFOs) · Accountants · Budget Analysts · Risk Managers · Investment Bankers · Commercial Bankers

Why Beacon

Quality

Beacon FinTrain prioritizes excellence in every service, ensuring top-notch, reliable, and consistent outcomes that meet and exceed client expectations.

Specialization

We focus on finance, offering expert knowledge and bespoke solutions that cater to the unique needs of finance professionals in the Middle East and Africa.

Punctuality

Time is money. We respect deadlines, delivering precise and timely results to help our clients stay ahead in the fast-paced financial world.

Guidance

Beacon FinTrain is a guiding light in finance, providing insightful advice and support to navigate the complexities of financial markets and regulations.

Integrity

We uphold the highest ethical standards, fostering trust and transparency in all our dealings to build lasting relationships with clients.

Flexibility

Adapting to the dynamic finance sector, we offer versatile services and solutions that align with the evolving needs of our clients.