Search the World's Largest Database of Information Science & Technology Terms & Definitions
InfInfoScipedia LogoScipedia
A Free Service of IGI Global Publishing House
Below please find a list of definitions for the term that
you selected from multiple scholarly research resources.

What is Working Capital

Digitalization and the Impacts of COVID-19 on the Aviation Industry
It shows a company’s short-term financial health that is the difference of current assets and current liabilities.
Published in Chapter:
Performance of Airlines: A Comparative Analysis for the COVID-19 Era
Dilek Teker (Isik University, Turkey) and Suat Teker (Isik University, Turkey)
DOI: 10.4018/978-1-6684-2319-6.ch014
Abstract
This chapter investigates the financial performance of airline companies and proposes a harmonic index to state a performance ranking for the COVID-19 era covering the years 2018, 2019, and 2020. All data required for this study were obtained from the Thomson-Reuters database. A total number of 111 airlines are reached and listed by total assets. The 20 biggest airlines by total assets in 2020 are chosen for this study. A harmonic index is constructed by using performance indicators for profitability, liquidity, and efficiency. Then, the biggest 20 airlines are ranked by the harmonic index values for the COVID-19 era. The results revealed that North America and European-based airlines performed very badly in 2020 compared to pre-COVID years while Far East-based airlines were able to manage the pandemic year much better.
Full Text Chapter Download: US $37.50 Add to Cart
More Results
Working Capital Financing by Banks in Small Enterprises: Problems and Challenges for Bangladesh
The actual amount of capital required for a business for its day-to-day operations and is measured as the current assets minus current liabilities.
Full Text Chapter Download: US $37.50 Add to Cart
MSMEs in India: A Vision for the Future
The capital of a business which is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities.
Full Text Chapter Download: US $37.50 Add to Cart
Retail Supply Chain Management Trends: Past, Present and Future
Liquid assets available to build and grow a retail business. It is measured by current assets minus current liabilities. A positive working capital is needed until the retailer can produce a profit.
Full Text Chapter Download: US $37.50 Add to Cart
eContent Pro Discount Banner
InfoSci OnDemandECP Editorial ServicesAGOSR