# Working Capital Schedule

Receivables, payables and inventory days driving the cash conversion cycle.

- Canonical: https://finamodel.com/schedules/working-capital
- Group: Core 3-Statement
- Found in: 33 models
- Sheet-name variants: Working_Capital, WorkingCapital, Working Capital, NWC

## About this working capital schedule

A working capital schedule forecasts receivables, inventory, payables, and other operating balances that drive the cash conversion cycle. It converts days sales outstanding, days inventory, days payable, and revenue or COGS assumptions into balance sheet and cash flow impacts.

Use this free Excel working capital schedule preview to see how models handle NWC rollforwards, cash conversion, and operating liquidity. It is useful for 3-statement models, acquisition models, credit analysis, and cash flow forecasts where timing of receipts and payments matters.

## Source models

- [cro](https://finamodel.com/templates/cro-model) - sheet: Working_Capital
- [dcf](https://finamodel.com/templates/dcf-model) - sheet: Working_Capital
- [cashflow](https://finamodel.com/templates/cashflow-model) - sheet: Working_Capital
- [working-capital](https://finamodel.com/templates/working-capital-model) - sheet: Working_Capital
- [financial-health](https://finamodel.com/templates/financial-health) - sheet: Working_Capital
- [ipo-pricing](https://finamodel.com/templates/ipo-pricing-model) - sheet: Working_Capital
- [subscription-box](https://finamodel.com/templates/subscription-box-model) - sheet: Working_Capital
- [marketplace](https://finamodel.com/templates/marketplace-model) - sheet: Working_Capital
- [restaurant](https://finamodel.com/templates/restaurant-model) - sheet: Working_Capital
- [hotel](https://finamodel.com/templates/hotel-model) - sheet: Working_Capital
- [brewery](https://finamodel.com/templates/brewery-model) - sheet: Working Capital
- [hospital](https://finamodel.com/templates/hospital-model) - sheet: Working_Capital
- [franchise](https://finamodel.com/templates/franchise-model) - sheet: Working_Capital
- [food-delivery](https://finamodel.com/templates/food-delivery-model) - sheet: Working_Capital
- [food-manufacturing](https://finamodel.com/templates/food-manufacturing-model) - sheet: Working_Capital
- [hedge-fund](https://finamodel.com/templates/hedge-fund-model) - sheet: Working_Capital
- [commodities-trading](https://finamodel.com/templates/commodities-trading-model) - sheet: Working_Capital
- [commodity-hedging](https://finamodel.com/templates/commodity-hedging-model) - sheet: Working_Capital
- [water-utility](https://finamodel.com/templates/water-utility-model) - sheet: Working_Capital
- [fibre-network](https://finamodel.com/templates/fibre-network-model) - sheet: Working_Capital
- [airline](https://finamodel.com/templates/airline-model) - sheet: Working_Capital
- [farm](https://finamodel.com/templates/farm-model) - sheet: Working_Capital
- [livestock](https://finamodel.com/templates/livestock-model) - sheet: Working_Capital
- [aquaculture](https://finamodel.com/templates/aquaculture-operations-model) - sheet: Working_Capital
- [carbon-credit](https://finamodel.com/templates/carbon-credit-model) - sheet: Working_Capital
- [biotech-licensing](https://finamodel.com/templates/biotech-licensing-model) - sheet: Working_Capital
- [medtech](https://finamodel.com/templates/medtech-model) - sheet: Working_Capital
- [fintech-payments](https://finamodel.com/templates/fintech-payments-model) - sheet: Working_Capital
- [adtech](https://finamodel.com/templates/adtech-revenue-model) - sheet: Working_Capital
- [ai-ml](https://finamodel.com/templates/ai-ml-startup-model) - sheet: Working_Capital
- [consulting-firm](https://finamodel.com/templates/consulting-firm) - sheet: Working_Capital
- [dental-practice](https://finamodel.com/templates/dental-practice) - sheet: Working_Capital
- [freight-trucking](https://finamodel.com/templates/freight-trucking) - sheet: Working_Capital

## Related schedules

- [Cash Flow Statement](https://finamodel.com/schedules/cash-flow-statement) - Operating, investing and financing cash flows with a free-cash-flow bridge.
- [Income Statement](https://finamodel.com/schedules/income-statement) - Revenue-to-net-income P&L build with margins and growth drivers.
- [Balance Sheet](https://finamodel.com/schedules/balance-sheet) - Assets, liabilities and equity that tie to the income statement and cash flow.
- [Tax Schedule](https://finamodel.com/schedules/tax-schedule) - Current and deferred tax build with effective-rate reconciliation.
- [Equity Schedule](https://finamodel.com/schedules/equity-schedule) - Share capital and retained-earnings rollforward feeding the balance sheet.