Net working capital

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(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.


See also