käibekapitali

Käibekapitali, also known as working capital, refers to the difference between a company's current assets and its current liabilities. It is a crucial indicator of a company's short-term financial health and operational efficiency. Current assets include cash, accounts receivable, inventory, and other short-term investments, while current liabilities encompass accounts payable, short-term loans, and other obligations due within one year.

Effective management of käibekapitali is essential for maintaining liquidity and ensuring that a company can meet its short-term obligations. A positive käibekapitali indicates that a company has sufficient funds to cover its immediate expenses and invest in short-term opportunities. Conversely, a negative käibekapitali suggests that the company may struggle to meet its short-term financial obligations.

Käibekapitali can be influenced by various factors, including sales and cash flow, inventory management, and the timing of payments. Companies often use financial ratios such as the current ratio and the quick ratio to assess their käibekapitali and liquidity position. The current ratio is calculated by dividing current assets by current liabilities, while the quick ratio excludes inventory from current assets to provide a more conservative measure of liquidity.

Maintaining adequate käibekapitali is vital for a company's sustainability and growth. It allows businesses to invest in growth opportunities, manage cash flow effectively, and respond to market changes. Proper management of käibekapitali requires careful monitoring of financial statements, timely collection of receivables, and efficient use of resources. By doing so, companies can ensure they have the necessary funds to support their day-to-day operations and capitalize on future opportunities.