Net working capital
From ACT Wiki
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.