Table 1 Overlap between working capital... | Emerald Publishing

Table 1

Overlap between working capital management components and bootstrapping

Factors	Winborg and Landström (2001)	Ebben and Johnson (2006)	Jones and Jayawarna (2010)	Grichnik et al. (2014)
Accounts receivable
Cease business relations with late payers	X	X		X
Use routines for speeding up invoices	X	X	X	X
Use interest on overdue accounts	X	X		X
Offer the same conditions to all customers	X
Offer customers discounts if paying cash	X	X	X	X
Choose customers who pay quickly	X	X		X
Obtain advance payments		X	X	X
Delaying payments
Delay payment to suppliers	X	X	X	X
Better conditions negotiated with	X		X	X
Suppliers
Minimise Inventory
Use routines to minimise stock	X

Factors	Winborg and Landström (2001)	Ebben and Johnson (2006)	Jones and Jayawarna (2010)	Grichnik et al. (2014)
Accounts receivable
Cease business relations with late payers	X	X		X
Use routines for speeding up invoices	X	X	X	X
Use interest on overdue accounts	X	X		X
Offer the same conditions to all customers	X
Offer customers discounts if paying cash	X	X	X	X
Choose customers who pay quickly	X	X		X
Obtain advance payments		X	X	X
Delaying payments
Delay payment to suppliers	X	X	X	X
Better conditions negotiated with	X		X	X
Suppliers
Minimise Inventory
Use routines to minimise stock	X

Source(s): Table created by author