Cash Conversion Summary FIN/375 Cash Conversion Summary Working capital refers to a businesss system of assets and liabilities. It is the capital that is used in the day to day operations of the company. When reviewing the companies working capital, the owner can use total assets and current assets along with current liabilities to determine the companies risk level through their finances. There are different types of working capital such as temporary and permanent. Permanent capital is the amount of capital a company needs to produce its products/ services to meet the companys specific demands. Permanent capital is the minimum amount of capital needed for the business to run. Whereas temporary working capital is the amount of capital that exceeds the permanent capital. This...