Acquire the fundamentals
Target audience
0.5 day
Virtual Classroom
BFR distance learning
Prerequisites
Prerequisites : no prior knowledge required.
Materials: training materials and the link to the virtual classroom are made available the day before the training session.
Objectives
◗ Describe the components of WCR and their evolution
◗ Understanding the mechanisms linking WCR and cash flow
◗ Implement levers to improve WCR
Contents
◗ Understand the link between the company's financial flows and WCR
- Definition and components of WCR: receivables, payables, inventories
- WCR and the operating cycle: structure, variations, impact on cash flow
✔ UNDERSTAND | Illustration: link between financial cycle and WCR
✔ APPLY | Case study: classifying transactions as current assets or liabilities
◗ Determine the components of WCR and its structural and cyclical dimensions
- Differentiate between operating, tax, social and investment WCR
- Read WCR in days or as a percentage of sales
- Identify favorable or unfavorable timing differences
✔ UNDERSTAND | Illustration of WCR levels by business sector
✔ EVALUATE | Quiz: in your opinion... Which sector(s) present a structurally
structurally negative?
◗ Identify the impact of WCR on cash flow
- Change in WCR and impact on cash flow
- Key indicators: DSO, DPO, DII
- Link between cash flow and change in WCR
✔ APPLIQUER | Case study: variation in WCR and impact on cash flow
✔ APPLY | Workshop: gap-fill text on the definition of WCR
◗ Identify levers for improving WCR
- Optimize accounts receivable and payable management
- Improve the operating cycle
- Not forgetting non-operating flows (tax, social, investments)
✔ UNDERSTANDING | Brainstorming on elements for optimizing "customer", "supplier" and "inventory" items.
✔ APPLY | Synthesis case study: analysis of WCR variation by dissociating the volume effect, the mix effect and the DSO/DPO/DII effect.
Teaching and assessment methods
◗ Distance learning:
- Three visuals: video presenter, presentation, virtual flip chart
- Interactive quizzes
- 6 participants maximum
>Before: self-assessment quiz.
>During the session: presentation of the main principles, practical implications and examples drawn from recent financial statements. Practical case studies and interactive quizzes ensure that knowledge is acquired.
> After : e-learning module. The trainer is available at the end of the course to answer any training-related questions.
See all courses in the 3-hour Essentials module
See our interactive catalog.
Price
740 EXCLUDING VAT
Testimonials
BFR distance learning
BFR distance learning
BFR distance learning
Jonathan C.
Company
Training