What you'll learn:
- How to calculate the "Cash Conversion Cycle" and its components.
- Manage and optimize your business's cash flow through consistent tracking and understanding.
- Make informed financial decisions regarding your accounts receivable and accounts payable
- Appreciate the significance of inventory and WIP management on lead times, working capital and financial risk
- The subtle differences between Operating Cycle, Net Operating Cycles, Cash Gap and Operational Liquidity
Master the tools and principles of Cash Conversion Cycle for Cash Flow Management to have an "impact" on your business's operations - manufacturing, services, industrial operations and production.
Equip yourself to take a leading role in your workplace - defining and driving performance and business success.
Understand the fundamental dimensions of business operations and the core tools and essential approaches to improve them.
Become the authority in your team on improving the Cash Conversion Cycle for Cash Flow Management in your business
This MBAstyle course on "Cash Conversion Cycle" for Cash Flow Management" will prepare and empower you to make a real difference in your organization.
This course is for the new or aspiring manager, the ambitious engineer, high flying consultant, the hands-on planners and the practical business analysts.
Business operations come in all shapes and sizes with a host of unique challenges, but the fundamentals of running successful and efficient operations all contain the same fundamentals. Without a grasp of these, no manager can apply the core principles or techniques of business operations management, strategy, design and improvement.
Take control of your career and equip yourself to understand the real nature of business operations and how you can be the key to unlock their potential!
About Laurence Gartside
Laurence Gartside is a management consultant and business operations coach with a master’s degree in manufacturing, engineering and management from the University of Cambridge. He has consulted for and led numerous major improvement projects for companies around the world and is the founder of Rowtons Training.
Full Course Contents
1. Cash Flow Performance
Calculate your "Cash Conversion Cycle"
Measuring cash flow operations performance
Net Cash Flow vs Cash Conversion Cycle
Focus on Operating Cash Flow
Cash Gap vs Cash Cycle vs Working Capital Cycle
2. Calculating your Cash Conversion Cycle
How to Calculate the Cash Conversion Cycle
Days Sales Outstanding (DSO) and Accounts Receivable Collection Period
Inventory management's impact on cash flow
Days Inventory Outstanding & inventory velocity
Calculating DIO with multiple products
Converting inventory turnover & inventory turns to DIO
Days Payable Outstanding & Accounts Payable Turnover Period
Example calculation of your Cash Conversion Cycle
3. Analyzing and Interpreting your Cash Flow
Analyzing your cashflow performance
Benchmark your cash flow
4. Related Concepts
Working Capital and Operational Liquidity
Operating Cycle and Net Operating Cycle
"Procure To Pay" (P2P) & "Order To Cash" (O2C)
5. What to Watch Out For
Common mistakes and pitfalls
"Credit sales" or "total sales" to calculate DSO
Calculating Cost Of Goods Sold (COGS)
Sampling frequency when calculating averages
6. Improving Your Cash Flow
Managing accounts receivables / payable
Inventory management to improve cashflow
7. Cash Flow for Operational Success
Improving the financial performance of your organization
Your operations and cashflow success
8. Conclusion
Your operations and cashflow success
Take control! Boost your career and your business! Start learning today!
