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Explain the Following as Factors Affecting the Requirements of Working Capital: Seasonal Factors

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Question

Explain the following as factors affecting the requirements of working capital:
Seasonal factors

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Solution

Working capital refers to current assets which help in day-to-day business operations.

Seasonal factors: A company selling seasonal products will require high working capital to meet higher sale, higher production, higher stock and more debtors. While a company selling goods throughout the season will require constant working capital which is low working capital spread throughout the season.

Peak season ⇒ High working capital

Lean season ⇒ Low working capital

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2013-2014 (March) All India Set 1

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