Idexx's Working Capital Policy

Paper Summary:

The paper outlines the elements of working capital policy with a brief look at some ethical implications. The paper provides a comprehensive analysis of various aspects of financing, such as cash management techniques and methods of short-term financing. The paper shows how the working capital policy has been advantageous to IDEXX Labs, Incorporated.

Outline:
Introduction
IDEXX Financial Strategy
Understanding the Role of Working Capital Policy for Idexx
Ethical Issues for IDEXX
Conclusion

From the Paper:

"Financing within a firm or organization is one of the most expansive areas, and has some of the more pronounced and augmented processes embedded within the overall strategic development of financial management. However, there are some aspects that are frequently used and require special attention - cash management techniques, methods of short-term financing, and working capital policy. These areas become even more important, because they are utilized by most, if not all firms, irrespective of size and or general business objective. Idexx Labs, Incorporated provides a very good analytical structure to explore this contemporary financial management issue as it relates to using financial management techniques to help the company grow, expand, and achieve close to $1 billion in revenues from its innovative products and services."

Sample of Sources Used:

• Block, S. & Hirt, G. (2005). Foundations of financial management (11th ed.). New York: McGraw Hill Publishers.
• Connolly-Smith, C. (2000). Financial management for book publishers in developing market economies. Budapest: Center for Publishing Development. Retrieved June 23, 2007, from http://www.osi.hu/cpd/policyresources/fmbp/chapter_06_page1_fmbp.html
• Hardcastle, J. (n.d.). Working capital management. Ezine Articles. Retrieved June 23, 2007, from http://ezinearticles.com/?Working-Capital-Management&id=308162
• Weinraub, H. & Visscher, S. (1998). Industry related to aggressive conservative working capital policies. Journal of Financial and Strategic Decisions, 11(2), 11-18. Retrieved June 23, 2007, from http://studyfinance.com/jfsd/pdffiles/v11n2/weinraub.pdf

More papers on Idexx's Working Capital Policy:

• Analytical Essay # 134650 : "IDEXX Financial Management"
• Term Paper # 134104 : "Working Capital"

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