Doubt in estimating working capital
This query is : Resolved
20 July 2015
Are debtors valued at cost price or selling price while preparing estimated working capital?
Is it different for total cost basis and cash cost basis?
Amol S Joglekar
(Expert)
20 July 2015
While estimating Working capital, the debtors are to be valued at selling price.
This confusion creeps in because, many a times bankers ask for the same while financing the working capital....
But while estimating the working capital needs, one has to record the debtors at selling price.
This confusion creeps in because, many a times bankers ask for the same while financing the working capital....
But while estimating the working capital needs, one has to record the debtors at selling price.
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