The primary aim of working capital management is
to maximize company value while maintaining ready
access to funds required for day-to-day operations
and payments to creditors.
Learning objectives
- Use financial ratio analysis to evaluate the effectiveness of working capital use.
- Determine the working capital cycle.
- Explain relations between working capital, liquidity, and short-term funding needs.
- Evaluate alternative courses of action and provide information to support decisions on working capital.
- Apply different approaches to working capital management: profit-based vs. value-based.
- Determine the risks and opportunities related to working capital management.
Additional information
Target audience
CFOs, finance business partners, management accountants, financial / cost controllers, planning and analysis specialists, internal auditors, accountants.
Timing and delivery
Language: English/Polish
We offer this course in a closed form, tailored to the needs of a given client.
Training program
The training program below is a sample and can be modified to meet the unique business needs of the organization.
Components of working capital:
- Receivables collection period.
- Payables payment period.
- Inventory days.
- Operating cycle.
- Cash conversion / working capital cycle.
- Liquidity ratios.
Profit-based working capital management:
- Relationship between working capital and profitability.
- Case study.
Value-based working capital management:
- Relationship between working capital and shareholder value.
- Working capital changes and impact on discounted future free cash flow (DCF).
- Case study.
Different techniques used to manage working capital:
- Strategies of working capital management: aggressive, moderate, and conservative.
- Methods of inventory management: ABC inventory matrix, just-in-time (JIT) system, the economic order quantity (EOQ) model.
- Methods of trade receivables management: credit control procedures, debt factoring, and invoice discounting.
- Methods of trade payables management. Effective cost of trade credit.
- Methods of cash management.
- Risks of overtrading.
- Risks and opportunities related to working capital management.
Organisational information
- Date
- Price
- Duration
- Format
- Language
Date
Please contact us. The training session will be delivered at a time agreed upon by PwC’s Academy and the Client. Trainers will be dedicated to conduct the training session according to their availability.
Price
Please contact us. Because of flexible deployment of the program, the price is determined individually and will depend on the scope and unique business needs of the client.
Duration
8 hours
Format
LIVE/Online
Language
English/Polish
Contact us
Trainer, Senior Manager, MBA, CFA, ACMA/CGMA, CIA, PwC Poland
Tel: +48 519 062 937