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Working Capital

Financial DictionaryUNODC Money-Laundering Terms Dictionary
Funds invested in a company's cash, accounts receivable, inventory and other current assets (gross working capital). It usually refers to net working capital: current assets minus current liabilities. Working capital finances the cash conversion cycle of a business - the length of time required to convert raw materials into finished goods, finished goods into sales, and accounts receivable into cash.
Copyright © 2005 UNODC - United Nations Office on Drugs and Crime.
Financial DictionaryCampbell R. Harvey's Hypertextual Finance Glossary
Defined as the difference between current assets and current liabilities (excluding short-term debt). Current assets may or may not include cash and cash equivalents, depending on the company.
Copyright © 2000, Campbell R. Harvey
See also: QANT , U.S. Treasury note , JANX , UAG , GAB^

 

Financial Dictionary INDEX:

List of Terms: Terms beginning with "A", Page 1

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A-D
A.I.B.D.
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AACE
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