The danger of high growth combined with a large non-cash working capital base: A descriptive analysis

A high growth rate may not be the ultimate measure of a successful company. This article shows that growth at too high a rate, for a company with a high non-cash working capital component, may lead to financial difficulties. While the income statement of a company is based on the accrual of income a...

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Bibliographic Details
Main Authors: W. Steyn, W. D. Hamman, E. V.D.M. Smit
Format: Article
Language:English
Published: AOSIS 2002-03-01
Series:South African Journal of Business Management
Online Access:https://sajbm.org/index.php/sajbm/article/view/696