Net working capital: Difference between revisions
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imported>Doug Williamson (Add quote. Source: An ACT guide to the first 100 days [as a Group Treasurer] 2020, p7) |
imported>Doug Williamson (Layout.) |
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:Increasingly treasurers are becoming managers of ‘net working capital’ rather than cash managers in the traditional sense." | :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.'' | :''The Group Treasurer - An ACT Guide to the first 100 days.'' | ||
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.
