Working Capital A Techno-Financial Approach

Hrishikes Bhattacharya

in Banking Strategy, Credit Appraisal, and Lending Decisions

Second edition

Published in print October 2011 | ISBN: 9780198074106
Published online September 2012 | e-ISBN: 9780199080861 | DOI:
Working Capital A Techno-Financial Approach

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One of the important activities of a commercial bank is financing the working capital requirements of firms. In fact, working capital advance forms the major part of the advances portfolio of a commercial bank. This chapter develops a proper understanding of working capital and its various components. It takes a total view of the business, and from that perspective, discusses the nature of current assets and examine how these are compulsorily generated out of the operations of a business and find a place in the balance sheet after being funded by working capital.

Keywords: current assets; current liabilities; operating cycle theory; natural business year; discrete operating inventories; discrete current assets; core working capital; capacity utilisation; control mechanisms

Chapter.  8787 words.  Illustrated.

Subjects: Financial Markets

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