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Managing Cash Flow in an Economic Downturn

An Intensive 5-Day Training Course

Managing Cash Flow
in an Economic Downturn

We currently have no scheduled session for this Course. If you are interested in running this course, please contact our Training Department at info@petroknowledge.com

Why Choose this Training Course?

Why Choose this Training Course?

The recent economic downturn has brought significant disruptive change to world markets and commodity prices. Industries the like oil and gas sector have faced a rapid decline in output prices and face enormous pressure on their ability to maintain profit, cash flow and shareholder value. A company’s ability to survive and thrive in these challenging times is critically dependent on its skills in managing and maintaining vital cash flow. This highly practical training course provides valuable insights in to how delegates can apply the principles of effective cash flow management in their own organisations.

This training course will feature and provide key insights in to:

  • The strategic challenge to maintain profit and cash flow
  • How cash and cash flow drives key performance measures
  • Understanding and managing the main drivers of cash flow
  • Modern techniques for strategic cost reduction
  • Overcoming barriers to implementing cash flow improvement strategies

What are the Goals?

What are the Goals?

The training course intends to provide delegates with the principles and practical skills to manage cash flow in an economic downturn.

At the end of this training course you will be able to:

  • Understand how cash flow drives organisational performance
  • Identify and manage the key components of business cash flow
  • Use practical tools and techniques to manage cash flow
  • Apply modern quality focused strategic tools to reduce costs
  • Overcome common barriers to cash flow improvement initiatives

Who is this Training Course for?

Who is this Training Course for?

The course is designed to provide useful insights and practical guidance to managers from a full range of backgrounds and industry sectors, but particularly those facing the challenges of major market and price changes

This course is suitable to a wide range of delegates but will greatly benefit:

  • Professionals responsible for significant functions and budgets
  • Design professionals and designers
  • Production managers
  • Purchasing and supply chain professionals
  • Marketing and sales team
  • Finance heads and budgeting managers

How will this Training Course be Presented?

How will this Training Course be Presented?

Participants to this seminar will receive a thorough training on the subjects covered by the seminar outline with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. Seminar methodology includes: participative seminars, discussion groups and case studies, including an analysis of the key cash flow drivers in the oil and gas sector.

Daily Agenda

Day One: The Context and Drive for Cash Flow Improvement

  • Creating and measuring stakeholder value
  • The role of cash flow in organisational performance
  • Operating a winning business model
  • Financial statements for cash flow management
  • The key drivers of cash flow, liquidity and solvency

 

Day Two: Understanding and Improving Operational Cash Flow

  • Understanding the vital difference between profit and cash flow
  • Approaches to understanding cost behaviour
  • A strategic approach to cost reduction
  • Strategies for profit improvement
  • Using and interpreting key profit performance ratios

 

Day Three: Understanding and Improving Working Capital

  • What working capital is – how it drives shareholder value
  • Understanding the working capital cycle
  • Tools and techniques to optimise inventory
  • Tools and techniques to optimise customer receivables
  • Tools and techniques to minimise the cash float
  • Optimising cash resources with financial system improvements

 

Day Four: Understanding the Other Key Drivers of Cash Flow

  • Using key financial ratios to optimise cash flow
  • Understanding capital structure and risk
  • Sources of business funding
  • Calculating company cost of capital
  • Managing capital investment in a challenging business environment
  • Capital rationing techniques
  • Case study: key cash flow drivers in the oil and gas sector

 

Day Five: Cash Flow Planning and Forecasting Tools

  • Tips for building financial models in Excel
  • Approaches to making cash flow forecasts
  • Building a financial model to test the impact of risk on cash flow

 

Overcoming the Barriers to Change

  • The need for urgency in applying cash flow improvement measures
  • Overcoming resistance to change

Certificate

  • On successful completion of this training course, a PetroKnowledge Certificate will be awarded to the delegates

In Association With

GLOMACS Training

Our collaboration with GLOMACS aims to provide the best training services and benefits for our valued clients

Visit Website ›

Frequently Asked Questions

How can I register for a training course?

  • To register online through our website, please click “Enroll Now” on the course page, complete and submit the form. A confirmation e-mail and instructions will be sent to the participant’s e-mail.
  • You may also get in touch with our Registration Team on
    +971 50 981 7386 | +971 2 557 7389 or send an email to reg@petroknowledge.com

When and how do I arrange payments?

  • Payments can be made in USD or UAE local currency AED (Arab Emirates Dirhams) either by Bank Transfer or by Credit Card. Our Bank Account details will be provided on the invoice.
  • Course fees are payable upon booking unless a valid, authorized Purchase Order is provided and accepted.
  • Invoices will be sent via email/courier to the ID/name and address provided.
  • The course fee shall be settled prior to course start date. Corporate payments with existing payment policy shall be relayed to us in advance.

When should I expect to receive confirmation of registration?

Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.

Is there a discount for more than one registrant/course?

For corporate fees and group registration, please send your query to info@petroknowledge.com.

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© 2024. Material published by PetroKnowledge shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


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