Working capital requirement falls under the necessities a business needs to meet daily. Working capital or net working capital is the amount of money a business needs to fund its current assets. Sufficient availability of required working capital is essential to carry out operations every day. Available working capital in a company is also an indicator of the organisation’s liquidity. While the definition for what is working capital (WC) and its calculation is the same for all, its requirement varies as per the business or industry based on various factors. 10…
Read More10 Essential Factors Prompting Working Capital Requirement
