GROSS WORKING CAPITAL
Gross working capital is equal to total current assets only. It is identified with current assets alone. It is the value of non-fixed assets of an enterprise & includes inventories, receivables, short-term investments, advance to suppliers, loan, tender deposits, sundry deposits with excise & customs, advances to prepaid expenses, income receivable, etc.
Gross working capital indicated the quantum of working capital available to meet current liabilities.
Thus, gross working capital = Current assets
Gross working capital is equal to total current assets only. It is identified with current assets alone. It is the value of non-fixed assets of an enterprise & includes inventories, receivables, short-term investments, advance to suppliers, loan, tender deposits, sundry deposits with excise & customs, advances to prepaid expenses, income receivable, etc.
Gross working capital indicated the quantum of working capital available to meet current liabilities.
Thus, gross working capital = Current assets