Working Capital

Working Capital refers to the difference between a company's current assets and current liabilities, and is a crucial indicator of a company's short-term financial health and operational efficiency. Coursera's Working Capital catalogue teaches you how to effectively manage these resources to meet a company's continuing operational needs, cover its debt obligations, and ensure its long-term growth. You'll learn about managing inventory, accounts receivable and payable, cash, marketable securities, and short-term liabilities. This also includes understanding the cash conversion cycle, the operating cycle, and other liquidity ratios. Mastering this skill will equip you to optimize a business's liquidity, operational efficiency, and profitability.