James Sagner
Essentials of Working Capital Management (eBook, PDF)
Schade – dieser Artikel ist leider ausverkauft. Sobald wir wissen, ob und wann der Artikel wieder verfügbar ist, informieren wir Sie an dieser Stelle.
James Sagner
Essentials of Working Capital Management (eBook, PDF)
- Format: PDF
- Merkliste
- Auf die Merkliste
- Bewerten Bewerten
- Teilen
- Produkt teilen
- Produkterinnerung
- Produkterinnerung
Bitte loggen Sie sich zunächst in Ihr Kundenkonto ein oder registrieren Sie sich bei
bücher.de, um das eBook-Abo tolino select nutzen zu können.
Hier können Sie sich einloggen
Hier können Sie sich einloggen
Sie sind bereits eingeloggt. Klicken Sie auf 2. tolino select Abo, um fortzufahren.
Bitte loggen Sie sich zunächst in Ihr Kundenkonto ein oder registrieren Sie sich bei bücher.de, um das eBook-Abo tolino select nutzen zu können.
A comprehensive primer for executives and managers on working capital management With limited access to credit and short term funding, it is increasingly important that companies focus on working capital management to free up funds and optimize liqidity. Written in the easy-to-follow Essentials Series style, Essentials of Working Capital Management covers the main components of working capital. * Covers the latest trends around working capital * Discusses a range of working capital topics, including cash management, banking relations, accounts receivable, inventory, accounts payable, and…mehr
- Geräte: PC
- eBook Hilfe
A comprehensive primer for executives and managers on working capital management With limited access to credit and short term funding, it is increasingly important that companies focus on working capital management to free up funds and optimize liqidity. Written in the easy-to-follow Essentials Series style, Essentials of Working Capital Management covers the main components of working capital. * Covers the latest trends around working capital * Discusses a range of working capital topics, including cash management, banking relations, accounts receivable, inventory, accounts payable, and foreign exchange * Analyzes the efficient utilization of current assets and liabilities of a business through each phase of the operating cycle * Examines the planning, monitoring, and management of the company's collections, disbursements and concentration banking * Explores the gathering and management of information and forecast data to effectively use funds and identify risk Focused on how businesses can continue to be successful in these difficult times, specifically in relation to the limited credit available to businesses, this book puts practical guidance at your fingertips so you can put them to work right away. A comprehensive case introduces each major section of the book, and suggested solutions are included in a book appendix.
Produktdetails
- Produktdetails
- Verlag: John Wiley & Sons
- Seitenzahl: 288
- Erscheinungstermin: 28. September 2010
- Englisch
- ISBN-13: 9780470916902
- Artikelnr.: 37300375
- Verlag: John Wiley & Sons
- Seitenzahl: 288
- Erscheinungstermin: 28. September 2010
- Englisch
- ISBN-13: 9780470916902
- Artikelnr.: 37300375
James S. Sagner Ph.D.?(White Plains, NY) is Adjunct Professor at the University of Bridgeport. He is former Senior Managing Principal of Sagner/Marks, a treasury management consulting firm with offices in White Plains NY. Prior to forming Sagner/Marks in 1992, Mr. Sagner was with the Consulting Services Division of the First National Bank of Chicago (now Bank One).?He has managed over 250 large-scale studies for companies and non-profit organizations worldwide. He is recognized as an expert in financial management and his clients have included leading insurance companies, securities firms, finance companies, banks, hospitals, manufacturing companies and service organizations.?He is the author of Cashflow Reengineering (1997) and Financial and Process Metrics for the New Economy (2001), and co-author of Essentials of Managing Corporate Cash (2003).
Preface xi Acknowledgments xv Chapter 1 Concepts in Working Capital Management 1 Working Capital Concepts 1 Ratio Analysis 7 Working Capital Ratios 7 Significance of Working Capital 12 Applying These Ideas to a Real Business 15 Summary 18 Part I Cash--Transactions, Banking and Credit, and Financial Instruments 19 Comprehensive Case: Widget Manufacturing Case I 19 Chapter 2 Cash: Management and Fraud Prevention 25 Forms of Cash 26 Lockboxing 30 Controlled Disbursement 34 Bank Products Used for Electronic Transactions 37 Summary Chapter 3 Cash, Credit, and Short-Term Financial Instruments 43 Developing a Short-Term Forecast 44 Preparing a Cash Budget 45 Credit Financing 48 Short-Term Investments 54 Summary 59 Chapter 4 Concentration Banking and Financial Institution Relationships 61 Changing Financial Landscape 62 Bank Relationship Management 63 Concentration Banking 64 Request-for-Proposals 69 RFP Evaluation 75 Bank Relationship Reviews 78 Summary 80 Part II Other Working Capital Accounts-- Receivables, Inventory, and Payables 81 Comprehensive Case: Widget Manufacturing Case II 81 Chapter 5 Accounts Receivable and Working Capital Issues 89 Elements of Receivables Management 90 Receivables Cycle Monitoring: Ratios 94 Receivables Cycle Monitoring: The Aging Schedule 96 Sales Financing 98 Credit Reporting 99 Terms of Sale 103 Invoice Generation 104 Asset-Based Financing: Receivables 107 Debt Collection Agencies 109 Summary 109 Chapter 6 Inventory and Working Capital Issues 111 Elements of Inventory Management 112 Inventory Cycle Monitoring: Ratios 113 Inventory Cycle Monitoring: Metrics 115 Purchasing 117 EOQ and JIT 122 Work-in-Process 124 Asset-Based Financing: Inventory 129 Summary 131 Chapter 7 Payables and Working Capital Issues 132 Elements of Payables Management 133 Payables Cycle Monitoring: Ratios 134 Accounts Payable Function 136 Payables Using Internal Processes 139 Payables Outsourcing 140 Payroll Alternatives 145 Summary 149 Part III Issues in Working Capital Management 151 Comprehensive Case: Widget Manufacturing Case III 151 Chapter 8 International Working Capital 155 Capitalism Goes Global 156 Elements of International Working Capital 157 Financing of International Transactions 158 Foreign Exchange Markets 160 Analysis of Country Risk 167 Other Significant Issues in International Working Capital 169 Cultural and Corporate Practices Affecting Working Capital 171 Summary 174 Chapter 9 Information and Working Capital 175 Information Technology 176 Bank Information Technology 178 Internet Bank Technology 182 Enterprise Resource Planning: An Alternative Approach 188 Choosing Working Capital Information Systems 191 Summary 197 Chapter 10 Managing the Working Capital Cycle 199 Risk and Working Capital 200 Enterprise Risk Management 202 Efficiency and Working Capital 204 Liquidity and Working Capital 207 Suggested Actions 210 Developments in Working Capital Management 215 The Cost of a Transaction 217 Summary 221 Appendix A: Suggested Solutions to Widget Manufacturing Company Case--Parts I, II, and III 223 Appendix B: Basic Financial Concepts 233 Appendix C: Web Sites of Working Capital Market Participants 238 Appendix D: Glossary 241 About the Author 262 Index 263
Preface. Acknowledgments. Chapter 1 Concepts in Working Capital Management.
Working Capital Concepts. Ratio Analysis. Working Capital Ratios.
Significance of Working Capital. Applying These Ideas to a Real Business.
Summary. PART I CASH--TRANSACTIONS, BANKING AND CREDIT, AND FINANCIAL
INSTRUMENTS. Comprehensive Case: Widget Manufacturing Case I. Chapter 2
Cash: Management and Fraud Prevention. Forms of Cash. Lockboxing.
Controlled Disbursement. Bank Products Used for Electronic Transactions.
Summary. Chapter 3 Cash, Credit, and Short-Term Financial Instruments.
Developing a Short-Term Forecast. Preparing a Cash Budget. Credit
Financing. Short-Term Investments. Summary. Chapter 4 Concentration Banking
and Financial Institution Relationships. Changing Financial Landscape. Bank
Relationship Management. Concentration Banking. Request-for-Proposals. RFP
Evaluation. Bank Relationship Reviews. Summary. PART II OTHER WORKING
CAPITAL ACCOUNTS--RECEIVABLES, INVENTORY, AND PAYABLES. Comprehensive Case:
Widget Manufacturing Case II. Chapter 5 Accounts Receivable and Working
Capital Issues. Elements of Receivables Management. Receivables Cycle
Monitoring: Ratios. Receivables Cycle Monitoring: The Aging Schedule. Sales
Financing. Credit Reporting. Terms of Sale. Invoice Generation. Asset-Based
Financing: Receivables. Debt Collection Agencies. Summary. Chapter 6
Inventory and Working Capital Issues. Elements of Inventory Management.
Inventory Cycle Monitoring: Ratios. Inventory Cycle Monitoring: Metrics.
Purchasing. EOQ and JIT. Work-in-Process. Asset-Based Financing: Inventory.
Summary. Chapter 7 Payables and Working Capital Issues. Elements of
Payables Management. Payables Cycle Monitoring: Ratios. Accounts Payable
Function. Payables Using Internal Processes. Payables Outsourcing. Payroll
Alternatives. Summary. PART III ISSUES IN WORKING CAPITAL MANAGEMENT.
Comprehensive Case: Widget Manufacturing Case III. Chapter 8 International
Working Capital. Capitalism Goes Global. Elements of International Working
Capital. Financing of International Transactions. Foreign Exchange Markets.
Analysis of Country Risk. Other Significant Issues in International Working
Capital. Cultural and Corporate Practices Affecting Working Capital.
Summary. Chapter 9 Information and Working Capital. Information Technology.
Bank Information Technology. Internet Bank Technology. Enterprise Resource
Planning: An Alternative Approach. Choosing Working Capital Information
Systems. Summary. Chapter 10 Managing the Working Capital Cycle. Risk and
Working Capital. Enterprise Risk Management. Efficiency and Working
Capital. Liquidity and Working Capital. Suggested Actions. Developments in
Working Capital Management. The Cost of a Transaction. Summary. Appendix A:
Suggested Solutions to Widget Manufacturing Company Case--Parts I, II, and
III. Appendix B: Basic Financial Concepts. Appendix C: Web Sites of Working
Capital Market Participants. Appendix D: Glossary. About the Author. Index.
Working Capital Concepts. Ratio Analysis. Working Capital Ratios.
Significance of Working Capital. Applying These Ideas to a Real Business.
Summary. PART I CASH--TRANSACTIONS, BANKING AND CREDIT, AND FINANCIAL
INSTRUMENTS. Comprehensive Case: Widget Manufacturing Case I. Chapter 2
Cash: Management and Fraud Prevention. Forms of Cash. Lockboxing.
Controlled Disbursement. Bank Products Used for Electronic Transactions.
Summary. Chapter 3 Cash, Credit, and Short-Term Financial Instruments.
Developing a Short-Term Forecast. Preparing a Cash Budget. Credit
Financing. Short-Term Investments. Summary. Chapter 4 Concentration Banking
and Financial Institution Relationships. Changing Financial Landscape. Bank
Relationship Management. Concentration Banking. Request-for-Proposals. RFP
Evaluation. Bank Relationship Reviews. Summary. PART II OTHER WORKING
CAPITAL ACCOUNTS--RECEIVABLES, INVENTORY, AND PAYABLES. Comprehensive Case:
Widget Manufacturing Case II. Chapter 5 Accounts Receivable and Working
Capital Issues. Elements of Receivables Management. Receivables Cycle
Monitoring: Ratios. Receivables Cycle Monitoring: The Aging Schedule. Sales
Financing. Credit Reporting. Terms of Sale. Invoice Generation. Asset-Based
Financing: Receivables. Debt Collection Agencies. Summary. Chapter 6
Inventory and Working Capital Issues. Elements of Inventory Management.
Inventory Cycle Monitoring: Ratios. Inventory Cycle Monitoring: Metrics.
Purchasing. EOQ and JIT. Work-in-Process. Asset-Based Financing: Inventory.
Summary. Chapter 7 Payables and Working Capital Issues. Elements of
Payables Management. Payables Cycle Monitoring: Ratios. Accounts Payable
Function. Payables Using Internal Processes. Payables Outsourcing. Payroll
Alternatives. Summary. PART III ISSUES IN WORKING CAPITAL MANAGEMENT.
Comprehensive Case: Widget Manufacturing Case III. Chapter 8 International
Working Capital. Capitalism Goes Global. Elements of International Working
Capital. Financing of International Transactions. Foreign Exchange Markets.
Analysis of Country Risk. Other Significant Issues in International Working
Capital. Cultural and Corporate Practices Affecting Working Capital.
Summary. Chapter 9 Information and Working Capital. Information Technology.
Bank Information Technology. Internet Bank Technology. Enterprise Resource
Planning: An Alternative Approach. Choosing Working Capital Information
Systems. Summary. Chapter 10 Managing the Working Capital Cycle. Risk and
Working Capital. Enterprise Risk Management. Efficiency and Working
Capital. Liquidity and Working Capital. Suggested Actions. Developments in
Working Capital Management. The Cost of a Transaction. Summary. Appendix A:
Suggested Solutions to Widget Manufacturing Company Case--Parts I, II, and
III. Appendix B: Basic Financial Concepts. Appendix C: Web Sites of Working
Capital Market Participants. Appendix D: Glossary. About the Author. Index.
Preface xi Acknowledgments xv Chapter 1 Concepts in Working Capital Management 1 Working Capital Concepts 1 Ratio Analysis 7 Working Capital Ratios 7 Significance of Working Capital 12 Applying These Ideas to a Real Business 15 Summary 18 Part I Cash--Transactions, Banking and Credit, and Financial Instruments 19 Comprehensive Case: Widget Manufacturing Case I 19 Chapter 2 Cash: Management and Fraud Prevention 25 Forms of Cash 26 Lockboxing 30 Controlled Disbursement 34 Bank Products Used for Electronic Transactions 37 Summary Chapter 3 Cash, Credit, and Short-Term Financial Instruments 43 Developing a Short-Term Forecast 44 Preparing a Cash Budget 45 Credit Financing 48 Short-Term Investments 54 Summary 59 Chapter 4 Concentration Banking and Financial Institution Relationships 61 Changing Financial Landscape 62 Bank Relationship Management 63 Concentration Banking 64 Request-for-Proposals 69 RFP Evaluation 75 Bank Relationship Reviews 78 Summary 80 Part II Other Working Capital Accounts-- Receivables, Inventory, and Payables 81 Comprehensive Case: Widget Manufacturing Case II 81 Chapter 5 Accounts Receivable and Working Capital Issues 89 Elements of Receivables Management 90 Receivables Cycle Monitoring: Ratios 94 Receivables Cycle Monitoring: The Aging Schedule 96 Sales Financing 98 Credit Reporting 99 Terms of Sale 103 Invoice Generation 104 Asset-Based Financing: Receivables 107 Debt Collection Agencies 109 Summary 109 Chapter 6 Inventory and Working Capital Issues 111 Elements of Inventory Management 112 Inventory Cycle Monitoring: Ratios 113 Inventory Cycle Monitoring: Metrics 115 Purchasing 117 EOQ and JIT 122 Work-in-Process 124 Asset-Based Financing: Inventory 129 Summary 131 Chapter 7 Payables and Working Capital Issues 132 Elements of Payables Management 133 Payables Cycle Monitoring: Ratios 134 Accounts Payable Function 136 Payables Using Internal Processes 139 Payables Outsourcing 140 Payroll Alternatives 145 Summary 149 Part III Issues in Working Capital Management 151 Comprehensive Case: Widget Manufacturing Case III 151 Chapter 8 International Working Capital 155 Capitalism Goes Global 156 Elements of International Working Capital 157 Financing of International Transactions 158 Foreign Exchange Markets 160 Analysis of Country Risk 167 Other Significant Issues in International Working Capital 169 Cultural and Corporate Practices Affecting Working Capital 171 Summary 174 Chapter 9 Information and Working Capital 175 Information Technology 176 Bank Information Technology 178 Internet Bank Technology 182 Enterprise Resource Planning: An Alternative Approach 188 Choosing Working Capital Information Systems 191 Summary 197 Chapter 10 Managing the Working Capital Cycle 199 Risk and Working Capital 200 Enterprise Risk Management 202 Efficiency and Working Capital 204 Liquidity and Working Capital 207 Suggested Actions 210 Developments in Working Capital Management 215 The Cost of a Transaction 217 Summary 221 Appendix A: Suggested Solutions to Widget Manufacturing Company Case--Parts I, II, and III 223 Appendix B: Basic Financial Concepts 233 Appendix C: Web Sites of Working Capital Market Participants 238 Appendix D: Glossary 241 About the Author 262 Index 263
Preface. Acknowledgments. Chapter 1 Concepts in Working Capital Management.
Working Capital Concepts. Ratio Analysis. Working Capital Ratios.
Significance of Working Capital. Applying These Ideas to a Real Business.
Summary. PART I CASH--TRANSACTIONS, BANKING AND CREDIT, AND FINANCIAL
INSTRUMENTS. Comprehensive Case: Widget Manufacturing Case I. Chapter 2
Cash: Management and Fraud Prevention. Forms of Cash. Lockboxing.
Controlled Disbursement. Bank Products Used for Electronic Transactions.
Summary. Chapter 3 Cash, Credit, and Short-Term Financial Instruments.
Developing a Short-Term Forecast. Preparing a Cash Budget. Credit
Financing. Short-Term Investments. Summary. Chapter 4 Concentration Banking
and Financial Institution Relationships. Changing Financial Landscape. Bank
Relationship Management. Concentration Banking. Request-for-Proposals. RFP
Evaluation. Bank Relationship Reviews. Summary. PART II OTHER WORKING
CAPITAL ACCOUNTS--RECEIVABLES, INVENTORY, AND PAYABLES. Comprehensive Case:
Widget Manufacturing Case II. Chapter 5 Accounts Receivable and Working
Capital Issues. Elements of Receivables Management. Receivables Cycle
Monitoring: Ratios. Receivables Cycle Monitoring: The Aging Schedule. Sales
Financing. Credit Reporting. Terms of Sale. Invoice Generation. Asset-Based
Financing: Receivables. Debt Collection Agencies. Summary. Chapter 6
Inventory and Working Capital Issues. Elements of Inventory Management.
Inventory Cycle Monitoring: Ratios. Inventory Cycle Monitoring: Metrics.
Purchasing. EOQ and JIT. Work-in-Process. Asset-Based Financing: Inventory.
Summary. Chapter 7 Payables and Working Capital Issues. Elements of
Payables Management. Payables Cycle Monitoring: Ratios. Accounts Payable
Function. Payables Using Internal Processes. Payables Outsourcing. Payroll
Alternatives. Summary. PART III ISSUES IN WORKING CAPITAL MANAGEMENT.
Comprehensive Case: Widget Manufacturing Case III. Chapter 8 International
Working Capital. Capitalism Goes Global. Elements of International Working
Capital. Financing of International Transactions. Foreign Exchange Markets.
Analysis of Country Risk. Other Significant Issues in International Working
Capital. Cultural and Corporate Practices Affecting Working Capital.
Summary. Chapter 9 Information and Working Capital. Information Technology.
Bank Information Technology. Internet Bank Technology. Enterprise Resource
Planning: An Alternative Approach. Choosing Working Capital Information
Systems. Summary. Chapter 10 Managing the Working Capital Cycle. Risk and
Working Capital. Enterprise Risk Management. Efficiency and Working
Capital. Liquidity and Working Capital. Suggested Actions. Developments in
Working Capital Management. The Cost of a Transaction. Summary. Appendix A:
Suggested Solutions to Widget Manufacturing Company Case--Parts I, II, and
III. Appendix B: Basic Financial Concepts. Appendix C: Web Sites of Working
Capital Market Participants. Appendix D: Glossary. About the Author. Index.
Working Capital Concepts. Ratio Analysis. Working Capital Ratios.
Significance of Working Capital. Applying These Ideas to a Real Business.
Summary. PART I CASH--TRANSACTIONS, BANKING AND CREDIT, AND FINANCIAL
INSTRUMENTS. Comprehensive Case: Widget Manufacturing Case I. Chapter 2
Cash: Management and Fraud Prevention. Forms of Cash. Lockboxing.
Controlled Disbursement. Bank Products Used for Electronic Transactions.
Summary. Chapter 3 Cash, Credit, and Short-Term Financial Instruments.
Developing a Short-Term Forecast. Preparing a Cash Budget. Credit
Financing. Short-Term Investments. Summary. Chapter 4 Concentration Banking
and Financial Institution Relationships. Changing Financial Landscape. Bank
Relationship Management. Concentration Banking. Request-for-Proposals. RFP
Evaluation. Bank Relationship Reviews. Summary. PART II OTHER WORKING
CAPITAL ACCOUNTS--RECEIVABLES, INVENTORY, AND PAYABLES. Comprehensive Case:
Widget Manufacturing Case II. Chapter 5 Accounts Receivable and Working
Capital Issues. Elements of Receivables Management. Receivables Cycle
Monitoring: Ratios. Receivables Cycle Monitoring: The Aging Schedule. Sales
Financing. Credit Reporting. Terms of Sale. Invoice Generation. Asset-Based
Financing: Receivables. Debt Collection Agencies. Summary. Chapter 6
Inventory and Working Capital Issues. Elements of Inventory Management.
Inventory Cycle Monitoring: Ratios. Inventory Cycle Monitoring: Metrics.
Purchasing. EOQ and JIT. Work-in-Process. Asset-Based Financing: Inventory.
Summary. Chapter 7 Payables and Working Capital Issues. Elements of
Payables Management. Payables Cycle Monitoring: Ratios. Accounts Payable
Function. Payables Using Internal Processes. Payables Outsourcing. Payroll
Alternatives. Summary. PART III ISSUES IN WORKING CAPITAL MANAGEMENT.
Comprehensive Case: Widget Manufacturing Case III. Chapter 8 International
Working Capital. Capitalism Goes Global. Elements of International Working
Capital. Financing of International Transactions. Foreign Exchange Markets.
Analysis of Country Risk. Other Significant Issues in International Working
Capital. Cultural and Corporate Practices Affecting Working Capital.
Summary. Chapter 9 Information and Working Capital. Information Technology.
Bank Information Technology. Internet Bank Technology. Enterprise Resource
Planning: An Alternative Approach. Choosing Working Capital Information
Systems. Summary. Chapter 10 Managing the Working Capital Cycle. Risk and
Working Capital. Enterprise Risk Management. Efficiency and Working
Capital. Liquidity and Working Capital. Suggested Actions. Developments in
Working Capital Management. The Cost of a Transaction. Summary. Appendix A:
Suggested Solutions to Widget Manufacturing Company Case--Parts I, II, and
III. Appendix B: Basic Financial Concepts. Appendix C: Web Sites of Working
Capital Market Participants. Appendix D: Glossary. About the Author. Index.