Net working capital: Difference between revisions
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imported>Doug Williamson m (Spacing 21/8/13) |
imported>Doug Williamson (Add quote. Source: An ACT guide to the first 100 days [as a Group Treasurer] 2020, p7) |
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The amount by which current assets exceed current liabilities. | The amount by which current assets exceed current liabilities. | ||
:<span style="color:#4B0082">'''''Treasurer's evolving role'''''</span> | |||
:"The treasurer’s role has been evolving since the ACT was established in 1979, before which it wasn’t really considered as a separate profession. | |||
:Increasingly treasurers are becoming managers of ‘net working capital’ rather than cash managers in the traditional sense." | |||
:''The Group Treasurer - An ACT Guide to the first 100 days.'' | |||
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* [[Assets]] | * [[Assets]] | ||
* [[Capital]] | * [[Capital]] | ||
* [[Cash management]] | |||
* [[Liabilities]] | * [[Liabilities]] | ||
* [[Treasury]] | |||
[[Category:Financial_management]] | |||
[[Category:Knowledge_and_information_management]] | |||
[[Category:The_business_context]] | |||
[[Category:Corporate_finance]] | |||
[[Category:Cash_management]] | |||
[[Category:Liquidity_management]] |
Revision as of 14:37, 29 September 2020
(NWC).
The amount by which current assets exceed current liabilities.
- Treasurer's evolving role
- "The treasurer’s role has been evolving since the ACT was established in 1979, before which it wasn’t really considered as a separate profession.
- Increasingly treasurers are becoming managers of ‘net working capital’ rather than cash managers in the traditional sense."
- The Group Treasurer - An ACT Guide to the first 100 days.