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11 February, 2022

How would you assess the working capital requirement of poultry industry? Or, Assessments/forecast of working capital requirements

 The shortage or surplus of working capital, both are harmful for the organization especially for poultry industry. So it is important for the assessments of working capital. The following considerations which is necessary for assessing the working capital requirement for a poultry industry:

 

1. The information of estimated production of poultry business

2. The value of raw material, labor and overheads for unit or sum of production

3. Time lag in store of raw materials of poultry product

4. Time lag in production process of poultry product

5. Stag in the warehouse of finished product

6. Delivery process of the poultry product

7. Collection period from debtors

8. Credit allowed by suppliers

The main factors of assessing working capital are a. Inventories ofstock

-raw materials

-work in process :and

-finished goods b.debtors: and c.cash