Working capital & cash
Ten assumptions are enough: the normative WCR, the monthly projection, the low point and the action levers update instantly.
Your assumptions
Normative WCR (days of revenue)
41.8 d
Normative WCR (euros)
€68,712
Cash low point
€20,000 (Month 0)
Cash absorbed by growth
€6,871
Action levers
- 1 less day of receivables
- €1,644 / day
- 1 less day of inventory
- €493 / day
- 1 more day of payables
- €740 / day
12-month cash projection
| Month | Invoiced revenue | Collections | Disbursements | End-of-month cash |
|---|---|---|---|---|
| Month 1 | €50,000 | €49,212 | -€43,812 | €25,400 |
| Month 2 | €50,399 | €49,604 | -€44,122 | €30,883 |
| Month 3 | €50,801 | €50,000 | -€44,434 | €36,449 |
| Month 4 | €51,206 | €50,399 | -€44,748 | €42,100 |
| Month 5 | €51,614 | €50,801 | -€45,065 | €47,836 |
| Month 6 | €52,026 | €51,206 | -€45,384 | €53,657 |
| Month 7 | €52,440 | €51,614 | -€45,706 | €59,565 |
| Month 8 | €52,859 | €52,026 | -€46,031 | €65,559 |
| Month 9 | €53,280 | €52,440 | -€46,358 | €71,641 |
| Month 10 | €53,705 | €52,859 | -€46,688 | €77,812 |
| Month 11 | €54,133 | €53,280 | -€47,020 | €84,071 |
| Month 12 | €54,565 | €53,705 | -€47,356 | €90,421 |
Simplified model: flows excl. VAT, lags rounded to the month, linear costs. The highlighted month is the low point.
Reading the diagnosis
- Low point in month 0: only about 12 days of revenue in reserve — one late payment is enough to cause an overdraft.
- Scissors effect: planned growth (10%) will absorb about €6,871 of cash into the WCR. Finance it upfront.
- Order of magnitude: gaining 10 days of receivables represents about €16,438 of cash freed on an annual run-rate.
- Favourable trajectory: final cash at €90,421, never negative over the 12 months.
Create a free account to save your analyses and find them in your dashboard.
Indicative educational analysis based on your assumptions — neither an accounting engagement nor personalised advice. Sector references are public indicative medians. Your data stays in your browser unless you are signed in.
Methodology
Normative WCR via revenue-weighted turnover days (DSO + weighted inventory days − weighted DPO). Monthly projection with collection/payment lags rounded to the month, flows excl. VAT, costs disbursed linearly — inventory changes are captured by the normative WCR, not the monthly flows.
Sources: Banque de France — FIBEN sector ratios · INSEE Ésane · French payment-terms observatory.