Measuring cash flow flexibility of companies : the cumulative index-difference

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dc.contributor.authorSteyn, B. W.en_ZA
dc.contributor.authorHamman, W. D.en_ZA
dc.contributor.authorSmit, E. v d M.en_ZA
dc.date.accessioned2013-01-23T11:51:30Z
dc.date.available2013-01-23T11:51:30Z
dc.date.issued2002
dc.descriptionCITATION: Steyn, B. W., Hamman, W. D. & Smit, E. v d M. 2002. Measuring cash flow flexibility of companies : the cumulative index-difference. South African Journal of Business Managemen, 33(4):a710, doi:10.4102/sajbm.v33i4.710.
dc.descriptionThe original publication is available at https://sajbm.org
dc.description.abstractCash is king. Even a highly profitable company can find itself in search of financing due to a lack of cash to honour its obligations. If this situation is only temporary and external sources of finance are freely available, this cash flow obstacle does not have to be detrimental to the stakeholders of the company. However, if the poor cash position of a company is not temporary, but rather an integral part of its structure and a result of its strategy, stakeholder interest may be at risk. Although insolvency is seldom the outcome, such companies find themselves struggling because of their cash flow inflexibility. The cumulative index-difference aims to identify companies that are cash flow inflexible, in order to enable stakeholders to take timely measures to prevent a negative outcome. With adjustments in strategy and preventative measures taken, the cash flow positions can be improved to prevent a disaster.
dc.description.urihttps://sajbm.org/index.php/sajbm/article/view/710
dc.description.versionPublisher's version
dc.format.extent7 pages
dc.identifier.citationSteyn, B. W., Hamman, W. D. & Smit, E. v d M. 2002. Measuring cash flow flexibility of companies : the cumulative index-difference. South African Journal of Business Managemen, 33(4):a710, doi:10.4102/sajbm.v33i4.710.
dc.identifier.issn2078-5976 (online)
dc.identifier.issn2078-5585 (print)
dc.identifier.otherdoi:10.4102/sajbm.v33i4.710
dc.identifier.urihttp://hdl.handle.net/10019.1/75164
dc.language.isoen
dc.publisherAOSIS
dc.rights.holderAuthors retain copyright
dc.subjectCash flowen_ZA
dc.titleMeasuring cash flow flexibility of companies : the cumulative index-differenceen_ZA
dc.typeArticle
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