Course Overview

Cash Flow Management develops a practical understanding of how business decisions influence cash availability and financial performance. The course examines working capital through receivables, inventory, and payables, connecting these activities with the cash conversion cycle. Participants also explore how free cash flow and return on invested capital contribute different perspectives to financial assessment.

The program links financial measures with the choices made across operations and finance. Participants work with cash-flow analysis, investment evaluation, and the time value of money to build a clearer basis for comparing decisions. The emphasis is on interpreting results in context, making assumptions explicit, and explaining how working-capital choices support the organization's operating and investment priorities.

Learning Objectives

By the end of the course, participants will be able to:

• Explain the relationship between working capital, liquidity, and operating decisions.
• Calculate and interpret the components of the cash conversion cycle.
• Assess how receivables, inventory, and payables decisions influence cash availability.
• Interpret free cash flow and return on invested capital in financial evaluation.
• Apply time-value-of-money concepts when comparing investment alternatives.
• Use financial case information to recommend and explain cash-management actions.

Practical Application

Apply the learning to connect financial analysis with practical operating and investment decisions.

• Clear working-capital priorities: Review collection practices, inventory commitments, and supplier payment arrangements as connected parts of cash management.
• Informed investment discussions: Compare the timing and value of expected cash flows when assessing business options.
• Shared financial understanding: Explain cash-flow measures and their operating drivers in terms that finance and functional teams can use together.