Working capital management
DOI:
https://doi.org/10.35319/ztrn9629Keywords:
Financial management, Cash flow, Short-term obligationsAbstract
One of the most important functions of financial management within a company is to determine the optimal level of cash flow required to meet short-term obligations. While companies make sales every day, not all of them are cash sales, meaning that the money is not immediately available. Likewise, not all purchases are paid in cash, as many are made on credit.
The management of net working capital aims to achieve a balance so that daily cash outflows can be covered by daily inflows, thus avoiding issues with suppliers and debtors. Maintaining this balance is crucial to ensure smooth business operations. The article explores how to properly manage working capital, understood as the current assets that sustain the company’s daily operational activities.
Downloads
References
Gallagher, Timothy y Andrew, Joseph (2001). Administración financiera. Segunda edición. México: Prentice Hall.
Gitman, Lawrence J. (1997). Fundamentos de administración financiera. Séptima edición. México: Oxford University Press.
Perdomo, Abraham (2000). Administración financiera del capital de trabajo. México: Thompson Editores.
Van Horne, James y Wachowicz, John (2002). Fundamentos de administración financiera. Undécima edición. México: Prentice Hall.
Downloads
Published
Issue
Section
License
Copyright (c) 2008 Revista Perspectivas
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
La Revista Perspectivas de la Universidad Católica Boliviana, es una revista de acceso abierto, por lo tanto, es de libre acceso en su integridad. Está permitida su lectura, búsqueda, descarga, distribución y reutilización legal en cualquier tipo de soporte únicamente para fines no comerciales, siempre y cuando la obra sea debidamente citada.
