Answer Book question

How much working capital do I really need?

Enough to pay every bill between spending on inputs and receiving from customers. usually three to six months of operating costs for a new business, more if customers pay late. Compute your cash cycle: days of inventory plus days customers take to pay, minus days suppliers give you. Multiply daily operating cost by that number. Then add a buffer.

By Kerala Rising · ·

Short answer

Enough to pay every bill between spending on inputs and receiving from customers. usually three to six months of operating costs for a new business, more if customers pay late. Compute your cash cycle: days of inventory plus days customers take to pay, minus days suppliers give you. Multiply daily operating cost by that number. Then add a buffer.

Real life

A packaging unit sells to a large company that pays in 60 days. Raw material must be bought on 15-day credit. Inventory sits 20 days. Cycle: 20 + 60 − 15 = 65 days. Daily costs ₹15,000. Working capital need: about ₹10 lakh. The owner had budgeted ₹3 lakh.

What this means

Working capital finances the gap between paying and being paid. It is not profit; it is timing. Underestimating it is the leading cause of early failure.

What to check

Inventory days Receivable days. realistic, not promised Payable days Daily operating cost Seasonality Buffer of 25–50 percent

What people often miss

Assuming customers will pay on time.

The Kerala / NRI angle

Large buyers in Kerala commonly stretch to 60–90 days. Plan for it and know the MSME delayed-payment rules.

An example

65-day cycle × ₹15,000 = ₹9.75 lakh, plus buffer = ₹12–14 lakh.

When this may not be the right answer

A cash-on-delivery retail business has a short cycle and needs little.

What to do next

Compute the cycle Multiply Add buffer Fund it before the machine

Related questions

I have ₹25 lakh. Should I buy a machine or keep working capital? My customer has not paid for 45 days. What can I do?

Related Kerala Rising help

Start or grow a business · Loans, grants & subsidies

Sources and what to verify

RBI directions on MSE collateral-free lending · CGTMSE scheme guidelines · MSMED Act 2006 delayed-payment provisions · MSME Samadhaan portal · Udyam registration portal · Kerala Industries Department scheme documents (verify current terms) Rates, limits and whether you may qualify change. Confirm with the official source. Ask Kerala Rising: Send us the quotation before you pay the advance. Or send us the bank's letter before you sign the mortgage. We will tell you what questions to ask. WhatsApp +1 443 595 9000 · keralarising.com Kerala Rising › Business › Finance · Business 19

Before you act

This page is general orientation, not personal insurance, investment, medical, legal, lending, tax, or professional advice. Rules, rates, benefits, and claim or application decisions can change. Confirm the current position with the named official source and use a licensed or qualified professional where your situation requires one. Kerala Rising does not decide whether you may qualify, approve claims, or promise an outcome.