Working Capital is generally referred to as the capital required to support day to day operations of a company. Sometimes firms are forced to restrict their operations due to their inability to meet short-term financial obligations. Therefore, it is critical that a firm manages its working capital well. Organisations may have invested heavily in fixed assets but may still struggle to meet the operating expenses on a day to day basis in absence of sufficient working capital funds.
The course goes in-depth into the essentials of working capital assessment covering the importance of working capital, nature of Current Assets & Current liabilities and relevant ratios to assess the working capital requirement of firms.
The contents covered in this course are:
a) Fund based credit Exposures - Assessing Working Capital Cycle, Net Working Capital, Drawing Power.
b) Non-Fund based Credit exposures - Letter of Credit, Bank Guarantees.
c) Export Import Finance