Ways Out of the Working Capital Trap By Erik Hofmann 9783642172700

Category

Management of specific areas

Store

Wordery

Brand

Springer berlin heidelberg

Ways Out of the Working Capital Trap : Springer : 9783642172700 : 3642172709 : 02 Apr 2011 : Especially in times of an economic boom following a crisis, companies have to deal with the phenomenon of the "working capital trap," which signifies a company's increasing need for financial liquidity in times of hindered access to debt capital, caused by the increasingly restrictive credit approval processes of financial institutions. As a consequence of cost savings, this situation is often reinforced by a low level of inventory. This book takes up the problem and shows ways of escaping the "trap" by identifying and strengthening in-house financing potential. First, different operating ratios will be introduced. These refer to the amount of capital committed to the flow of goods and to the amount of in-house financing possible. Subsequently, methods for consolidating in-house financing that are affected by procurement processes will be presented from the company's and the supply chain's per

44.99 GBP