İşletmelerde nakit yönetimi

Abstract

Cash flow management is the management of collection and disbursement procedures so that; Collection from customers is accelerated to make cash available to the company as soon as possible; payment to suppliers and ot her partios is controlled to keep cash available to the company as long as possible. Cash management will usually have the following essential objectives; to control and track cash flows, to optimize internal sources and uses of cash, to provide adequate external sources of liquidity for the company and to manage in a prudent fashion, external short-term borrowing and for investment activities. During the Great Depression of the late 1920s and early 1930s were managers first concerned with liquidity. Before this, they paid more attention to choosing approp riate financing instruments and considering their impact on capital structure. The severe decline in revenues expe rienced during 1929-1933 period and the consequent failures of many highly lever firms showed very clearly to importance of liquidity management. Numereos theoratical antributions to cash manage ment occured simultaneously in a variety of arreas during the period from 1950 to present. These developments occured in four areas; cash balances, cash collections, cash disbursement, cash planning and budgeting.