Free Finance Tools / Free NWC Calculator
FREE NWC CALCULATOR

How much cash is tied up
in day-to-day operations?

Enter figures for one consistent period. Get results without an email address. Amounts remain in this browser tab.

Your working-capital inputs

All amounts in rupees (₹). Use 0 only for a genuine zero balance.

Average balance for the period is preferable.

Use an average balance; enter 0 for a business without inventory.

Use an average balance for the same period.

Credit sales give a better DSO estimate; total revenue is a proxy.

COGS is used as a proxy for credit purchases when estimating DPO.

Your working-capital snapshot

Enter your figures or try an illustrative example.

How the calculations work & their limits

Operating NWC = receivables + inventory − payables. DSO = receivables ÷ revenue × period days. DIO = inventory ÷ COGS × period days. DPO = payables ÷ COGS × period days. Cash conversion cycle = DSO + DIO − DPO.

Ratios use average balances where supplied; a closing balance gives only an approximation. Align periods, tax treatment and business scope. Credit sales and credit purchases are preferable denominators; this simplified tool uses revenue and COGS. Zero denominators show “Not available”; they are never interpreted as zero days. A negative cycle can reflect timing or customer advances and is not automatically a strength.

Compare with your own payment terms and prior periods, not a universal target. Educational estimates only; not a forecast, credit assessment or professional opinion. Read the disclaimer. Reference: CFA Institute on the cash conversion cycle.