Skip to content
Finance

What is Working capital?

Working capital is the money a business has available for day-to-day operations — its current assets (like cash and inventory) minus its current liabilities (like bills due soon). Positive working capital means it can comfortably cover short-term needs.

See it, don’t just read it.
Watch a 2-minute lesson with voice + animation that explains working capital.
▶ Watch the visual lesson

Key things to understand

  • 1It's current assets minus current liabilities.
  • 2It funds everyday operations like payroll and supplies.
  • 3Positive working capital signals short-term health.
  • 4Too little can cause cash crunches even if profitable.

Frequently asked questions

What is working capital?
The funds available for daily operations: current assets minus current liabilities.
Why is working capital important?
It shows whether a business can cover its short-term bills and keep running smoothly.
Can a profitable company run out of working capital?
Yes — if cash is tied up in inventory or unpaid invoices, it can struggle to pay bills on time.

Related topics