working capital

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working capital,

n a firm's investment in short-term assets or cash, short-term securities, accounts receivable, and inventories. Gross working capital is defined as current assets minus current liabilities. If the term
working capital is used without further qualification, it generally refers to gross working capital.

working capital

see working capital.
References in periodicals archive ?
Both of these criteria (the improvement in earnings per share and the improvement in the return after tax on operating capital, adjusted for amortisation of intangible assets) are equally weighted when determining allocation in accordance with the employee stock option programme.
LEAGUE CITY, Texas -- ERF Wireless (OTCBB:ERFW), an emerging major provider of enterprise-class wireless broadband products and services, announced today that it has successfully completed a second round of financing and has received $1,500,000 in new operating capital.
Likewise, return on operating capital employed increased in the quarter to 23 percent from 13 percent in 2004, outperforming the cost of capital for the company and thereby continuing to generate economic value.
a supplier of regional and metro-area optical networking equipment today announced it has secured an additional $33 million US in equity and $15 million US in operating capital financing.
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