Cash flow & liquidity · Core

Working-capital movement

Also called: working-capital change

ELI5

Change in receivables, payables, inventory and other operating balances affecting cash.

Used in conversation

“The number is useful only if everyone calculates working-capital movement the same way.”

Pitch context

You will see “Working-capital movement” in financial models, budgets, board packs and investor materials when the discussion reaches cash flow & liquidity.

Why it matters: In cash flow & liquidity, different calculation boundaries, periods or accounting treatments can change the number and the decision.

Caution

Calculation, recognition and disclosure can vary by accounting framework, company policy and reporting context.

Sources & evidence · 4

Direct term-level sources and supporting source families.