This course will provide you with an understanding of the demand debtor side of working capital. We will also look at why the new format is fit for purpose, and the new and challenging cash environment that many organisations are now facing.
On completion of this online course, you will gain an understanding of:
• appreciate the new way of understanding the demand (debtor) side of working capital.
• able to explain why the new format is ‘fit for purpose’ in the new cash environment organisations now encounter.
• understand why the former calculation of ‘Days Sales Outstanding’ (DSO) is at best a ‘general’ guide.
• gain knowledge from the case studies of how to apply the new methodology to enable you to become more effective.
• instigate a strategy that could make working capital and therefore cash more efficient.