Components of working capital

Authors

  • Iryna Yuryeva National Technical University «Kharkiv Polytechnic Institute»

Keywords:

NWC, business, capital, components

Abstract

Major components of working capital are its current assets and current liabilities, and the difference between them makes up the working capital of a business. Current assets comprise trade receivables, inventory, and cash & bank balances, and current liabilities majorly comprise trade payables. The efficient management of these components ensures the profitability of the business and ensures the smooth running of the business. Working capital, also known as net working capital (NWC)

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Published

2023-02-13

How to Cite

Юр’єва, І. (2023). Components of working capital. E-Conomics, (1(6). Retrieved from http://e-conomics.hpi.kh.ua/index.php/journal/article/view/106

Issue

Section

1(6) 2022