How Well Are You Managing Your Inventory?
Working capital is an important measure of a company’s financial health. It’s defined as the difference between Current Assets and Current Liabilities (Working Capital = Current Assets – Current Liabilities). When a company has positive working capital, it is able to pay off its short-term liabilities from assets that can be quickly converted to cash.
Inventory is a part of current assets … [ Read more ]
Content: Article | Author: Michael Periu | Source: OPEN Forum (American Express) | Subject: Operations