Working Capital and Inventory Management

Overview

Google, IBM & Meta Certificates – 40% Off

One plan covers every Professional Certificate on Coursera.

Learn how to manage a firm’s current assets and liabilities to maintain financial stability and optimize day-to-day financial operations. This course explores the critical risk-return trade-off in working capital management, from determining the right level of working capital to using the cash conversion cycle and evaluating sources of short-term credit. By the end of this course, you will be able to apply proven techniques to effectively manage cash, accounts receivable, and inventory, ensuring your firm maintains liquidity and operational efficiency.

Syllabus

Working Capital and Inventory Management

In this course, we explore the management of current assets and liabilities, crucial for financial stability. We'll discuss the risk-return trade-off in working capital management and how to determine the appropriate level of working capital. Topics include using the cash conversion cycle, estimating short-term credit costs, evaluating credit sources, and managing cash, marketable securities, accounts receivable, and inventory investments. These practices are vital for maintaining liquidity and optimizing financial operations.