Net Working Capital: include cash or not?

Should we include cash,cash equivalents like stocks,bonds listed under the Current Assets while calculating the working capital ?


Please find the reply from Bakshi Sir regarding same query


Thank You for directing to the right article @sunilsurana


How to know if Negative Working Capital is working for the company?

and especially seeing

@sunilsurana The File the tweet mentioned is no longer working.


This is a very old thread. Better not revive it.

Standalone questions like this can be posted on:

Investing Basics - Feel free to ask the most basic questions

Thank you.