Free tool

Working capital calculator

Working capital requirement measures the money tied up in your operating cycle. Use the figures from your last balance sheet or your current estimates.

Sample values: replace them with your own figures.

MAD
MAD

Invoices issued but not yet collected.

MAD

Invoices received but not yet paid.

MAD

Optional: to express working capital in days of revenue.

Does your result make sense for your project?

A Growcap consultant reviews your figures and helps you make the right decision.

Request a Growcap analysis

How it works

The formulas used

Working capital requirement = Inventory + Trade receivables − Trade payables.

In days of revenue = Working capital ÷ Annual revenue excl. VAT × 360. Receivables and payables are often stated including VAT: use consistent amounts.

A positive requirement must be financed (equity, overdraft, short-term credit). A negative one means your cycle generates cash.

WhatsApp