The Difference Between NWC, EFN and Working Capital Requirement
A newbie here.. please help..
What are differences between NWC, External Financing Needed (EFN) and Capital Working Requirement?
Which one really shows the needs for working capital from M&A view?
NWC = CA - CL
EFN =
Capital Working Requirement = COGS * {(DIH + DSO - DPO)/365 }
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