Working Capital Management

I. WORKING CAPITAL MANAGEMENT

Objective: locating cash, collectable debts and inventories management within the working capital management and knowing about money time value.

A. Importance

B. Techniques

C. What is working capital?

D. Working Capital and Company’s Profitability

II. MONEY TIME VALUE

A. Concept

B. Future Addition Present Value

C. Present Addition Future Value

III. EFFECTIVE TIME MANAGEMENT

Objective: Analyzing concepts and developing skills to determine cash optimal level.

A. Cash Balance Optimization

B. Methods to Plan Cash Needs

C. Cash Cycle

D. Floatation and its Causes

E. Basis for Cash Flow Management

F. Four Principles for Cash Management

G. Cash Management Improvement.

IV. RISK MANAGEMENT IN COLLECTABLE DEBTS

Objective: Being conscious about the assumed risks by granting credit and its impact on the sale price.

A. Collectable Debts Rise

B. Documenting Collectable Debts

C. Credit and Collection Policies Importance

D. Perused Goals in the Collectable Debts Management

E. Main Determining Elements for the Investment Amount in Collectable Debts

F. Criteria Sustaining Commercial Credit

G. Required Condition for a Buyer to want to Establish a Credit Condition

H. Credit Policies

I. Loans Control

J. Determining and Acceptable Risk Degree

K. Discount for Early Payment

L. Collection Policies.

V. INVENTORIES’ MANAGEMENT

Objective: determining inventory optimal level

A. Inventory Importance

B. Cost for Requesting and Keeping Inventory

C. Procurement Optimal Lot

D. Security Inventories