A Guide to the Management of Departmental Working Capital

Chapter One: Introduction

• About this Booklet
• Financial Management Reform
• Legislative Requirements for Working Capital
• Management

Chapter Two: Working Capital Management

• Defining Working Capital
  
• The Importance of Good Working Capital Management
  
• Approaches to Working Capital Management

Chapter Three: Financial Ratio Analysis

• Introduction
• Working Capital Ratio
  
• Liquid Interval Measure
  
• Stock Turnover
  
• Debtor Ratio
  
• Creditor Ratio

Chapter Four: Specific Strategies

• Inventories
  
• Debtors
  
• Creditors
  
• Cash and Bank
  
• Other Components

Chapter Five: Summary

Further Information