Hi guys,
Hope you are well, could someone please explain why change in working capital is so important in DCF models?
Is it because it tells you the funds a company needs for the day-to-day core operations of a company. Shouldn't it be quite consistent?
Thank you for your help in advance.
| +335 | Return Rates For Interns Are Falling? | 142 | 46m |
| +148 | Article: Why UBS's Asian M&A bankers are thriving and UBS's American M&A bankers are not | 17 | 5h |
| +144 | Evercore > Goldman and I don’t think it’s particularly close anymore | 56 | 5m |
| +124 | I am a drunk MD AMA | 40 | 1d |
| +86 | UBS Offer Day | 30 | 22h |
| +75 | Santander IB? | 10 | 3d |
| +68 | I hate Wells Fargo | 19 | 7h |
| +51 | No return offer - feeling like a failure is an understatement | 20 | 2h |
| +45 | How cooked am I as an incoming WF IB SA 2027? | 17 | 28m |
| +43 | WF Return offers | 28 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Do a search. I can't post a link but a forum search will help you easily understand.
Doloremque et repudiandae dicta id nulla voluptas. Deleniti cupiditate et reprehenderit est odio saepe. Ut sed sit quia. Aliquam consequatur vitae qui a rerum iusto id omnis. Ipsum nihil fugit rem recusandae voluptatem adipisci.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...