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Available to LG Inform Plus subscribers, it provides information on what current legislation gives English and Welsh councils the power to do and what it requires them to do in law. Advanced searching and filtering options make it easy to find specific powers and duties based on legislation, business function and keyword, and results are easily exported in commonly used formats.
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Working capital as a % of the net revenue expenditure (budget) (4205) Metric type
- Help text
- Authorities with a strongly positive indicator would have less difficulty liquidating sufficient assets to operate in the event of a short term debt problem.
Working capital (Total current assets as at 31 March - Total current liabilities as at 31 March) / Net revenue expenditure
Working capital is taken from the Whole of Government Accounts and Net revenue expenditure is taken from the latest Budget Revenue Accounts (RA Summary)
- Modified
- 11 Jan 2024
- Data last updated
- 28 Jun 2023
- Short label
- Working capital as a % of the net revenue expenditure (budget)
- Status
- Live
- Output precision
- 2
- Polarity
- a high value is good
- Measure
- Index
- Dataset
- Financial Sustainability Analysis
- Collection
- Financial Sustainability Analysis
- Source
- Local Government Association
- is found in the following lists
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