Closing stock

This query is : Resolved 

04 November 2013 Dear Sir/Madam,

Kindly suggest me how to calculate or get Closing stock against CC Limit?


With Regards
Parvinder Singh

04 November 2013 plz read cc limit sanction letter it will give how many % of CA-CL is financed by CC limit

normally bank finance 70-75% of working capital

04 November 2013 For CC Limit , bank check always drawing power limit .
Calculation of DRawing power formulas are as below :

CLosing Stock XXXXX
Debtors less than 180 days XXXX
Less : Creditors (XXXX)
Net Amount XXXXX
DP is 75% of net amount .
It may be varied bank to bank . 70% to 80%




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