| Description |
1 online resource (307 pages) |
| Contents |
Working Capital Management; Contents; Preface; CONCEPT OF THE BOOK; Acknowledgments; Chapter 1 Concepts in Working Capital Management; WORKING CAPITAL CONCEPTS; Description of Working Capital Accounts; Ideas Basic to Working Capital; IMPROVING WORKING CAPITAL MANAGEMENT; The Missing Working Capital Manager; Payment Stream Matrix: First Draft; Payment Steam Matrix: Final Version; Overcoming Resistance to Change; THE SIGNIFICANCE OF WORKING CAPITAL; Working Capital: The Traditional View; Working Capital: The Modern View; COST AS THE WORKING CAPITAL ISSUE; Working Capital Timeline |
|
Working Capital Cost ElementsIllustrative Total Potential Savings; Leisure Industry Working Capital Illustration; APPLYING THESE IDEAS TO A REAL BUSINESS: BEST BUY; What Is Best Buy's Industry?; Working Capital at Best Buy; SUMMARY; NOTES; Chapter 2 Working Capital Ratios and Other Metrics; RATIO ANALYSIS; How Ratios Are Constructed; Liquidity; Activity Utilization; Profitability; Leverage; OTHER RATIOS AND THEIR APPLICATION; Troy and RMA; How Ratios Are Used; OTHER METRICS; Cash Conversion Cycle; Dell Computer's CCC; BENCHMARKING; Methodology; Working Capital Benchmarking |
|
Benchmarking ConcernsGENERAL PROBLEMS IN THE USE OF RATIOS AND METRICS; Fiscal Year; Accrual Accounting; Window Dressing; Aggregated Data; Off-Balance Sheet Obligations; SUMMARY; NOTES; Chapter 3 Cash-Management and Fraud Prevention; FORMS OF CASH; Reactive Cash Management; Essential Cash Management Elements; PAPER TRANSACTIONS: LOCKBOXING; Lockboxing Procedures; How Does Lockboxing Reduce Float?; How Does Lockboxing Prevent Fraud?; PAPER TRANSACTIONS: DEPOSITORY ACCOUNTS; Control of Access; Multipurpose Accounts; Too Many Accounts; PAPER TRANSACTIONS: CONTROLLED DISBURSEMENT |
|
Controlled Disbursement ProceduresAccount Reconciliation; How Does Controlled Disbursement Improve Float?; How Does Controlled Disbursement Prevent Fraud?; ELECTRONIC TRANSACTIONS; Federal Wire Transfer; Terminal-Based Electronic Payments; Why Do Frauds Still Occur?; FLOAT AND COST ISSUES; Base Case; Baseline; Possible Improvements; First Scenario; Second Scenario; SUMMARY; NOTES; Chapter 4 Cash-Credit and Short-Term Financial Instruments; DEVELOPING A SHORT-TERM FORECAST; How to Use the Distribution Method; CASH BUDGETING; Information Required for the Cash Budget |
|
How to Prepare the Cash BudgetCREDIT FINANCING; Arranging for Bank Credit; Lines of Credit; Bank Returns on Lines of Credit; Asset-Based Financing; SHORT-TERM INVESTMENTS; "No Effort Investments" and Equivalents; "Some Effort" Investments and Equivalents; Policies on Short-Term Investing; SUMMARY; NOTES; Chapter 5 Managing Bank Relationships; THE CHANGING FINANCIAL LANDSCAPE; Financial Deregulation; BANK RELATIONSHIP MANAGEMENT; Twenty-First-Century Banking; Finance as the Gatekeeper to Banking Services; CASH MOBILIZATION IN A MULTIBANK NETWORK; Funds Mobilization; Too Many Bank Accounts? |
| Summary |
Stay liquid, think global, and better manage resources with this authoritative guide 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 maxi |
| Notes |
Selecting the Bank |
|
Print version record |
| Subject |
Working capital.
|
|
Corporations -- Finance.
|
|
Cash management.
|
|
Working capital -- Case studies
|
|
Corporations -- Finance -- Case studies
|
|
Cash management -- Case studies
|
|
Cash management
|
|
Corporations -- Finance
|
|
Working capital
|
| Genre/Form |
Case studies
|
| Form |
Electronic book
|
| ISBN |
9781118933855 |
|
1118933850 |
|
9781322078533 |
|
132207853X |
|
