13 Week Cash Flow Forecast Model (Associate)

If I'm heading into PE next year, do I need to know how to build a 13-week cash Flow Forecast Model?

I'm curious how important these are for the associate level to know/build, and how regularly are these actually used i.e. do you build one for every 100-day plan post-acquisition? Are there other instances where you build them?

In my ignorance, would something like this not be covered by an in-house mgmt accountant, and then the results/output dictate next-step decisions for portfolio monitoring & value creation?

Thanks in advance.

4 Comments
 

I don’t think that’s common or needed. 13WCFF are actually something that is done on a direct basis by a company usually in a restructuring / liquidity crisis situation so I would be very surprised if a regular PE tests this - even for a specials sits fund this would be weird as - again - this is something that is usually done on a direct basis by the company. So wouldn’t worry, knowing what it is, that it exists and what its purpose is, is more than most people know.

Good luck for the future - go get ‘em!

 
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