Determining the need for working capital is in the process of normalization, iedetermining standards for working capital.There are three methods of valuation: a method of direct calculation, the analytical method and ratio.
The method of direct calculation is made that reasonable calculation of reserves for each type of working capital, taking into account the technical development of the company, product transportation and settlement practices between the parties.This method is the most time consuming, but it is most accurate to determine the need for working capital.
Since the norm of working capital in the composition of raw materials is calculated as the product of the average daily material requirements and standards stock
in days.The latter takes into account the time of the transportation, storage, preparation of materials for the work.
The ratio of working capital in stocks of container, spare parts, special tools is calculated as the product of the stock rate of ruble, set to a specific indicator on the planned value of the latter.For example, the rate on the stock of containers, special tools and special equipment installed in rubles per one thousand rubles of marketable products at wholesale prices.
The ratio of working capital in stocks of finished goods in the warehouse of the enterprise is defined as the product of the average daily production of finished products at production cost and standards of finished goods inventories in days, which includes the time of collection of the range, the accumulation of goods to the party shipment,transportation.
analytical method is used, when in the planning period does not involve significant changes in the enterprise.This norm of working capital is defined by enlargement is taken into account the ratio between the rate of increase in production volume and the size of the working capital in the previous period.
coefficient method When the new norm is based on the standard of the previous period by making adjustments to it taking into account the conditions of production, supply, sales and settlements.
Tip 2: How to identify a need in their own working capital
Determining the need for enterprises' own funds - the issue of increasing the efficiency of the company as a whole.Current assets include both inventories (raw materials and finished products) and cash (VAT receivables, investments, funds in bank accounts).Lack of working capital leads to a disruption in the production process and financial instability, and excessive - additional costs for storage and maintenance.
- - a sheet of paper;
- - Calculator;
- - information about the features of production.
ratio of current assets is the sum of inventory standard, standard of work in progress, finished products and standard norm in future periods.Refinery Nobsch = NNP + + + lim CBB.
ratio of inventories - is the average daily consumption of raw materials, fuel (Pc in rubles.) And rules of the stock (TDN).Refinery = Pc x TDN.
To find the average rate of working capital reserves (TDN), calculate the weighted average for each type of enterprise.
Norma reserve on a separate kind of activity is the amount of traffic flowing and insurance stocks.TDN = SSR + + Tstr Ttek.
transport stock (TTP) is the duration of delivery of materials from the supplier to the time of registration documents.If several suppliers, calculate the weighted average.
Current or warehouse, the stock (Ttek) is equal to the number of days between deliveries divided by 2.
Insurance margin (Tstr), usually equal to ½ of the currentstock.
size of working capital for the work in progress can be determined by multiplying the average daily volume of output (B), the length of the production cycle (TC) and the coefficient of increase of expenses (Knz).
ratio is the ratio of increase of expenses the cost of work in progress (CH) to the cost of the finished product (CK), and is calculated by the formula Knz = (C + 0.5 (Gk - CH)) / Ck.
The volume of finished products (PNC) stock depends on the average daily release (B) and the duration of storage of products in stock (TXP).That is = lim x TXP.
duration of storage batch of products in stock (TXP) includes the time on the formation of the party (SSP) and the time required for processing the documents (Todd).