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Sense and aspects of financial liquidity. Liquidity vs solvency.
Financial statements utilized within liquidity management. Cash flows statement.
Static and dynamic measures of liquidity level - interpretation, faults and good points.
Influence of economic occurrence on the liquidity level. Operating cycle and cash conversion cycle.
Net working capital (NWC). Forecasting of NWC requirement. NWC vs economic fluctuation.
Liquidity vs profitability. Assets founding strategies vs liquidity strategies.
Net working capital structures - working capital requirements, net liquidity balance.
Inventories management in corporate. Inventories costs optimization models (EOQ, ABC, POQ, JIT, others).
Receivables management vs trade credit policy - cost of open account, discount policy. Asset securitization.
Days Sales Outstanding. Forecasting of receivables and cash incomes.
Factoring and leasing as a source of cash increasing.
Cash management. Cash source optimization models.
Cash flows forecasting. Cash budgeting.
Short-term investments and funding source (short-term securities). Cash pooling.
Liquidity management in corporate - case study.
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