What is Net Working Capital?? (Transaction Services & FDD)

Hi Guys!
In part two of my Adjusted EBITDA, Net Working Capital and Net Debt trilogy, today I talk through the basics of NWC and explain what it is and to what extent it is relevant for M&A deals.
Any questions and queries - Drop me a note down below and get back to you.
Enjoy :)

[@saifullahkamran1133]

looking forward for part 3, great job man!

[@apurvasrivastava328]

Hey matt, first 2 parts were really insightful. Thankyou so much for creating these amazing videos. I am sure you must be very busy, but if you could spare some time and make the third part as well, I would be so grateful as I am sure you other viewers will be as well.
Sending you warm wished and love from India.

[@JH-pn4up]

Really great video! May i know where can i find the last of the trilogy videos - Net debt?

[@alexandrebrunetti2691]

Hey mate, did you consider doing the part 3 about Net Debt adjustments ? It would be really helpful

[@MoeKhan]

Preparing for a TAS interview and your interviews are brilliant

[@fayeosgood1459]

I'm prepping for TS interviews and your videos are so helpful! Will you be releasing Part 3? :D

[@rasha522]

thank you so much for these two videos, most concise and helpful summary ive come across.
was wondering if you have any advice for a new graduate attending an FDD case interview?

[@hritikchauhan8170]

great work

[@pawansangraula8501]

Would you add deferred tax asset on losses on the net working capital adjustments?