FMN Finance  |  Format: Flash

The Benefits from a Sustained Improvement in Working Capital

Course Overview
Most financial executives are quite familiar with the significance of working capital - the financial metric that uses inventory turnover, as well as receivables and payables, to calculate a company�s operating liquidity. According to Veronica Wills, the North American working capital practice lead at The Hackett Group, the good news is that sustained working capital improvements can have a direct and favorable impact on profitability. The only bad news is that it becomes more challenging to improve working capital performance as enterprises grow in size and complexity.

Learning Objectives
Upon successful completion of this segment, you should be able to:

  • Recognize why working capital management is important today;
  • Identify the major findings of The Hackett Group's Annual Working Capital Survey;
  • Recognize what Best Practice companies do to effectively manage working capital; and
  • Identify the keys to effective working capital management.

    Catalog Number: FMN1232-FM
    CPE Credits: 2 Registry / 2 QAS
    Author: FMN Online
    Advanced Preparation:
    Work experience in a corporate staff environment, or an introductory course in finance.
    Course Level: Update
    Field of Study: Finance
    Content Partner: FMN Online
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-Study
    Minimum Passing Grade: 70%
      You are allowed 2 attempts to pass the final exam in a 30 day period. You will be locked out of the final for 30 days after any second failure.
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     Adobe® Flash® Player 9 or higher
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Sound card with speakers/headphones
     Windows or Mac OS
    Release/Expiration Dates: Nov 08, 2017 / Jul 13, 2019