What are some of the key indicators of cash flow health that you monitor regularly? (original) (raw)

Last updated on Oct 27, 2024

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Cash flow forecasting is a vital skill for any business owner, as it helps you plan ahead, manage your finances, and avoid cash flow problems. But how do you know if your cash flow forecast is accurate and reliable? And what are the signs that your cash flow health is improving or deteriorating? In this article, we will explore some of the key indicators of cash flow health that you monitor regularly, and how they can help you make better decisions for your business.

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Free Cash Flow

Free cash flow is the amount of cash left after deducting your capital expenditures from your operating cash flow. Capital expenditures are the cash spent on acquiring or maintaining long-term assets, such as equipment, vehicles, or buildings. Free cash flow shows you how much cash you have available to pay your debts, distribute to your shareholders, or reinvest in your business. A positive free cash flow means you have more cash than you need for your capital expenditures, which is a sign of financial flexibility and growth potential. A negative free cash flow means you have less cash than you need for your capital expenditures, which can indicate a high level of investment, depreciation, or obsolescence. You should monitor your free cash flow quarterly or annually, and adjust your capital spending accordingly.

Cash Conversion Cycle

Cash conversion cycle is the number of days it takes for your business to convert its inventory and receivables into cash. It shows you how efficiently you are managing your working capital, and how quickly you are turning your sales into cash. A short cash conversion cycle means you have a fast turnover of inventory and receivables, which is a sign of liquidity and profitability. A long cash conversion cycle means you have a slow turnover of inventory and receivables, which can indicate a high level of inventory, bad debts, or low demand. You should monitor your cash conversion cycle regularly, and aim to reduce it by optimizing your inventory levels, improving your collection practices, or negotiating better terms with your suppliers and customers.

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