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Articles on Trending Technologies
Technical articles with clear explanations and examples
What are the Risks of Excessive Working Capital?
What is a Working Capital?Both temporary and permanent working capital are necessary to run a business smoothly. Working capital acts as fuel in running business activities. While temporary working capital provides the expenses to meet general day-to-day needs, permanent working capital helps businesses meet larger demands in the future.As working capital is an unavoidable part of businesses, one may think that having working capital in excess may be a good option for the businesses. Unfortunately, this is not true. While having low working capital is deteriorating, having working capital in excess also has its own perils.Risks of Having Excessive Working ...
Read MoreHow to Calculate Operating Cycle of a Bank?
What is an Operating Cycle?An operating cycle is the time needed to convert sales into cash after converting the resources into inventories. In fact, no company generates sales after the production of a good instantly. It has to wait for some time to sell the goods in the market after purchasing raw materials and other necessary items and producing the finished goods.The operating cycle of a manufacturing company has the following three phases −Acquisition of resources − This is the beginning phase where raw materials used for the finished products are resourced and collected.Manufacturing of the product − This is ...
Read MoreTemporary Working Capital vs Permanent Working Capital
The major differences between Temporary and Permanent working capital are as follows −Based on NeedsTemporary and permanent working capital differ in terms of their need. The permanent working capital is a fixed amount of working capital that is kept fixed for the long-term needs of the business. The temporary working capital, on the other hand, is meant for day-to-day, short-term expenses.Temporary working capital is an additional amount of capital kept reserved above the permanent working capital. Therefore, permanent working capital is a large amount of capital while temporary capital is a smaller amount of capital.Based on UsageTemporary working capital is ...
Read MoreHow to Calculate a Manufacturing Company's Operating Cycle?
The operating cycle is the time required for converting sales into cash after converting resources into inventories. The operating cycle of a manufacturing firm is different from non-manufacturing companies because manufacturing companies need to resource raw materials and convert them into finished goods. While non-manufacturing companies can go directly from the acquisition of services or products to sales, manufacturing companies need to consider the time required for manufacturing the goods. So, generally, the operating cycle of a company is more prolonged than non-manufacturing companies.The operating cycle of a manufacturing company is made up of three phases −Acquisition of Raw materials ...
Read MoreGross Operating Cycle Vs Net Operating Cycle
An operating cycle is the time needed to convert sales into cash after converting the resources into inventories. In fact, no company generates sales after the production of a good instantly. It has to wait for some time to sell the goods in the market after purchasing raw materials and other necessary items and producing the finished goods.An operating cycle is divided into two types as follows −Gross Operating Cycle (GOC).Net Operating Cycle (NOC).Here’s more about GOC and NOC and their differences.Gross Operating CycleThe gross operating cycle of a firm can be expressed as the Inventory conversion period (ICP) plus ...
Read MoreSustainable Growth Model for a Multiproduct Company
What is Sustainable Growth?Sustainable growth is a percentage measure of yearly growth in sales that is in sync with the firm’s financial policies meaning no fresh equity is issued. For a multiproduct company, sustainable growth can be calculated by the company’s growth at the corporate level in terms of growth of assets. Usually, companies set their target growth in terms of sales. To grow sales, the company needs to invest funds in assets. This investment can either be sourced from external sources or provided by the internal resources of a company.Therefore, the assets of a company will grow by an ...
Read MoreHow to lock the rotation of Rectangle using FabricJS?
In this tutorial, we are going to learn how to lock the rotation of a Rectangle using FabricJS. Just as we can specify the position, colour, opacity and dimension of a rectangle object in the canvas, we can also specify whether we want it to rotate or not. This can be done by using the lockRotation property.Syntaxnew fabric.Rect({ lockRotation : Boolean }: Object)ParametersOptions (optional) − This parameter is an Object which provides additional customizations to our rectangle. Using this parameter, properties such as colour, cursor, stroke width, and a lot of other properties can be changed related to the object ...
Read MoreHow to lock the horizontal skewing of Rectangle using FabricJS?
In this tutorial, we are going to learn how to lock the horizontal skewing of a Rectangle using FabricJS. Just as we can specify the position, colour, opacity and dimension of a rectangle object in the canvas, we can also specify whether we want to stop skewing an object horizontally. This can be done by using the lockSkewingX property.Syntaxnew fabric.Rect({ lockSkewingX : Boolean }: Object)ParametersOptions (optional) − This parameter is an Object which provides additional customizations to our rectangle. Using this parameter, properties such as colour, cursor, stroke width, and a lot of other properties can be changed related to ...
Read MoreHow to lock the horizontal scaling of a Rectangle using FabricJS?
In this tutorial, we are going to learn how to lock the horizontal scaling of a Rectangle using FabricJS. Just as we can specify the position, colour, opacity and dimension of a rectangle object in the canvas, we can also specify whether we want to stop scaling an object horizontally. This can be done by using the lockScalingX property.Syntaxnew fabric.Rect({ lockScalingX : Boolean }: Object)ParametersOptions (optional) − This parameter is an Object which provides additional customizations to our rectangle. Using this parameter, properties such as colour, cursor, stroke width, and a lot of other properties can be changed related to ...
Read MoreHow to lock the horizontal movement of Rectangle using FabricJS?
In this tutorial, we are going to learn how to lock the horizontal movement of a Rectangle using FabricJS. Just as we can specify the position, colour, opacity and dimension of a rectangle object in the canvas, we can also specify whether we want it to move only in the Y-axis. This can be done by using the lockMovementX property.Syntaxnew fabric.Rect({ lockMovementX: Boolean }: Object)ParametersOptions (optional) − This parameter is an Object which provides additional customizations to our rectangle. Using this parameter, properties such as colour, cursor, stroke width, and a lot of other properties can be changed related to ...
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