Level I CFA CF: Working Capital Management-Lecture 1

[@IFT-CFA]

Want to read FREE NOTES for the Level I exam? You can find it here: ift.world/notes/

[@umerwajahat1540]

Shouldn't trade credit be Accounts Receivables?

[@dineshbanduni5836]

Why does drag and pull of liquidity sounds similar?

[@zewenliu9280]

At 12:05, should low receivable turnover indicate faster collection?

[@IFT-CFA]

An accounts receivable turnover increase means a company is more effectively processing credit. An accounts receivable turnover decrease means a company is seeing more delinquent clients. IFT Support Team

[@judyzhou4320]

Hi, in Reading 37 (2019) > 'Measuring Liquidity', the practice problems use the ending inventory for the Inventory turnover, instead of average inventory (ending inventory + beginning inventory/2). Yet in the reading itself, it also states the formula using average inventory. Do I stick with average inventory for the inventory turnover ratio?

[@IFT-CFA]

its always better to use average inventory IFT Support Team

[@gauthamnarayanan6726]

Does this topic come under the Sources of Capital part of the curriculum reading?

[@juniorsimo7054]

Are the WC Management and Capital Budgeting videos still relevant for the 2022 L1 Exam ? as they dont seem to appear under "Corporate Issuers"

[@العليميباوزير-ي9خ]

I also noticed that, but it seems like some topics have been incorporated into other modules.

[@pompuskey6059]

According to the curriculum this is reading 39. I was wondering where I could find the videos for reading 38.

[@IFT-CFA]

Dear Pompus, R38 has been removed in the 2018 curriculum. Please refer to the 2018 program changes: ift.world/2018-level-program-changes/ IFT Support Team

[@pompuskey6059]

Thanks a lot.