Working Capital

Category: Finance

Definition (plain English)

The short-term cash and financing capacity needed to fund inventory, deposits, freight, duty, VAT, receivables, and operating costs until customers pay.

Why it matters commercially

MOQs, long lead times, open-account sales, import taxes, and slow sell-through can tie up cash long before the gross profit is realized.

Example

An importer delayed a second container because the first order was still in warehouse stock and retailer net-60 payments had not arrived.

Common mistake

Evaluating supplier price and margin without modeling cash tied up in MOQ, transit, clearance, storage, customer credit, and payment delays.

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