[{"data":1,"prerenderedAt":32},["ShallowReactive",2],{"content:en:glosario:net-working-capital":3},{"frontmatter":4,"html":28,"locale":29,"section":30,"slug":31},{"id":5,"title":6,"description":7,"h1":8,"keyword":9,"date":10,"updated":10,"author":11,"schemaType":12,"draft":13,"formula":14,"cta":15,"faq":16,"related":23},"capital-circulante","Net working capital: what it is and how it works · Fibady","Net working capital is current assets minus current liabilities: the cash tied up in receivables and inventory, less what suppliers finance.","Net working capital","net working capital","2026-09-03","santi","DefinedTerm",false,"Net working capital = Current assets − Current liabilities; operating = Receivables + Inventory − Payables","See how Fibady calculates it in a demo",[17,20],{"q":18,"a":19},"Is net working capital the same as working capital?","In practice, yes. Working capital is the general term; net working capital stresses that current liabilities are deducted. Operating working capital also excludes cash and financial debt.",{"q":21,"a":22},"How often is it calculated?","Monthly with the closing balance sheet. What matters is the change, which is what goes into the indirect cash flow.",[24,25,26,27],"\u002Fglossary\u002Fworking-capital","\u002Fglossary\u002Fdso-dpo","\u002Fglossary\u002Fdirect-vs-indirect-cash-flow","\u002Fproduct\u002Fcash-flow-forecasting","\u003Cp>Net working capital is the difference between current assets and current liabilities. In its operating version, it is the cash the business needs tied up in receivables and inventory, less the amount financed by suppliers.\u003C\u002Fp>\n\u003Ch2 id=\"how-it-is-calculated\">How it is calculated\u003C\u002Fh2>\n\u003Cp>Net working capital = Current assets − Current liabilities. Operating working capital = Receivables + Inventory − Payables. Its change between two closes is what is adjusted in the indirect cash flow: if it rises, it consumes cash; if it falls, it releases cash.\u003C\u002Fp>\n\u003Ch2 id=\"example-with-numbers\">Example with numbers\u003C\u002Fh2>\n\u003Cp>March close: receivables 600,000, inventory 200,000, payables 300,000; operating working capital 500,000. June close: receivables 700,000, inventory 220,000, payables 320,000; working capital 600,000. The +100,000 change is cash the business absorbed even though the result was positive.\u003C\u002Fp>\n\u003Ch2 id=\"how-fibady-does-it\">How Fibady does it\u003C\u002Fh2>\n\u003Cp>The consolidated balance sheet comes from each entity's ERP, so working capital is calculated per entity and for the group with every sync, and its change feeds the indirect cash flow directly. Every balance opens down to the entries that make it up.\u003C\u002Fp>\n","en","glosario","net-working-capital",1788520143690]