Transaction cycle management: Getting paid

Working capital is the capital needed to finance the operating cycle of a business. The operating cycle of a business is an important concept and is defined as the period during which raw materials or inputs are converted into finished products or outputs. In financial terms, this is the time between making expenditures on a specified unit of production and receiving cash following the sale of that unit.

Sustainable Development Goals:

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions