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Working Capital

August 22, 2026 · Aditya Gupta

Accounting

Working capital is current assets minus current liabilities — measuring short-term operational liquidity and efficiency. Positive working capital indicates the company can meet short-term obligations; negative working capital is a warning sign unless it's a deliberately efficient business model (Amazon historically operates on negative working capital — getting paid by customers before paying suppliers). Components include cash, accounts receivable, inventory minus accounts payable, accrued expenses, short-term debt. Working capital management is daily operations — collecting receivables faster, paying payables slower (within reasonable terms), reducing inventory. Working capital ties up cash; reducing it frees capital for growth.

Accounting

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