Creating cases NWC/ Capex - Case Study CIM

Hey all you cool cats & kittens,

When working on a Case Study for PE interview and building LBO; what is your best practise in building capex and NWC for the different cases?

  • Some user here suggested building "CIM case" with NWC and Capex 1:1 from the CIM, and "Downside" or "Sponsor Case" with own assumptions DSO, DPO, DIO; mainly holding it constant, and Capex as % of Sales
  • A lot of users seem to be mixing CIM content for sales, margins etc with own assumptions for NWC and Capex, which in my view is incorrect?

Thank you!

4 Comments
 

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