Exceeding current assets in negative working capital
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bobby
Apprentice
Joined: 22 Apr 2006
Posts: 3
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 Posted: 08/03/08 - 08:15 Post subject: |
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| I have already been looking into this all afternoon but without any success so far. When a company is facing a negative working capital, then current assets need to be increased as soon as possible of course, I get that much. But how is that done? Who can help me? |
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meier
Apprentice
Joined: 18 Oct 2005
Posts: 5
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| Posted: 09/02/08 - 03:08 Post subject: |
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| You need to look at the long term assets which the company has and then see about converting these into immediate assets (or current assets as you say). This is not always easy, but you need to be creative and look at all the possibilities, and negotiate. Good luck with the situation! |
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