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Working capital need calculator

Enter cost of goods sold for the year and the cash conversion cycle (CCC) in days — for example, from the dedicated calculator. The calculator works out how much cash is needed to fund the operating cycle.

How many days cash is on average tied up in inventory and receivables net of supplier terms — you can take this from the Cash Conversion Cycle calculator

Result

Working capital need

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This calculation is for informational purposes only and does not replace advice from a qualified professional. Formulas and rates may not fit your exact situation — double-check the figures before making decisions.

How it is calculated

Working capital need = annual cost of goods sold ÷ 365 × cash conversion cycle. The first part is the cost of one day of operations, the second is how many days cash is tied up in the operating cycle; together they give the amount the business needs to keep in circulation (its own cash or a credit line) so the buy → sell → get paid cycle doesn't stall.

This calculation is the forward-looking, cash version of the same cycle that the Cash Conversion Cycle calculator measures in days and the Net Working Capital calculator measures as of a reporting date. The goal here is to estimate the cash need ahead of time — for example, when planning sales growth.

The need grows in proportion to business scale at the same cycle length: doubling cost of goods sold (i.e., doubling volume) at an unchanged CCC also doubles the working capital need. That's a major reason fast-growing companies routinely run short of cash even while profitable — growth absorbs capital into the operating cycle faster than profit accumulates.

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