Cash flow from operations question

Is CFO calculated through taking changes into working capital or NET working capital into consideration? The difference between the two for the most part is that cash, gained or lost through selling inventory, would influence cash flow from operations.

4 Comments
 

It’s just about the change in working capital

You could look at the changes in each individual line item or, maybe for the purposes of an interview question, you may just be told that NWC increases by $XX

An increase in NWC reflects an investment in the business and will cause operating cash flow to decline 

 

Because net working capital is a balance sheet calculation at a point in time. Change in net working capital is an actual cash movement, as to bridge two points in time (two balance sheets), there must be a movement in cash for there to exist such a delta (either positive or negative). Hope that explains.

 

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