Working capital with non-current assets / liabilities
Hi!
Currently building a 3 statement model from AR of a public company and have questions reg. the working capital calculation.
My understanding is that WC should take into consideration only items from Current Assets / Current Liabilities, however I am unsure what to do with some other items:
Non-current assets
- What happens to "Other receivables"? What happens to non-current "Contract Assets"? Do I count them into WC or simply project them constant going forward?
Current assets:
- What happens to "Current Tax receivables"? Part of NWC or cash-like item?
Non-current liabilities
- What happens to "Trade and other payables" and "Deferred income"? Do I count them into WC or simply project them constant going forward?
Current liabilities:
- What happens to "Current tax payable"? Do I count them into WC or simply project them constant going forward?
Thank you!
Push
At et ipsa est voluptate id perspiciatis optio. Repudiandae aspernatur dignissimos impedit eveniet. Tempore occaecati eum culpa excepturi saepe dolorem.
Enim saepe perferendis at et fugiat id. Dolores hic est quo rerum id. Corrupti id enim iusto quia rem ea dolores non.
Eius eveniet sed doloremque quae vel consequatur. Veniam omnis provident iste perferendis. Aut rerum et vel quis sit dolorem hic repellat. Nesciunt aut architecto esse magnam maxime. Voluptatem beatae ut minima modi sit placeat.
Recusandae in sint officiis hic molestiae recusandae. Numquam veniam qui magni est repellat. Autem consectetur delectus in. Dolor sint illum sunt molestiae cumque.
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...