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Supply Chain Glossary - W

Supply Chain Glossary - W

working capital also net working capital

Syn: net working capital.

A good or goods in various stages of completion throughout the plant, including all material from raw material that has been released for initial processing up to completely processed material awaiting final inspection and acceptance as finished goods inventory. Many accounting systems also include the value of semifinished stock and components in this category. Syn: in-process inventory.

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