What is Working Capital Management? Process, Objectives of working capital management.

[@NottaVideoSummary]

00:06 Working capital management is crucial for optimizing current assets and liabilities. 00:42 Working Capital Management involves assessing working capital needs 01:16 Working capital management involves analyzing assets and liabilities, setting targets, and developing strategies. 01:54 Implementing working capital strategies 02:33 Monitoring and adjusting is essential in working capital management. 03:04 The primary objective of working capital management is to ensure that a company has enough working capital to fund its day-to-day operations. 03:38 Working capital management helps maximize returns and minimize costs 04:15 By optimizing inventory levels, managing accounts receivable and accounts payable, and monitoring cash flows, a company can improve its cash flow and reduce the need for external financing. ----From Notta's video summarizer

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