Original scientific paper
Autor: Prof. dr Živan Nikolić, mr Ivan Raonić
JEL: G31, G32, L25
Summary: This paper focuses on the working capital management regarding all the specificities of the small and medium-sized enterprises organisation, their capital structure and human resources. In addition, it discusses calculation of the optimal level of working capital required for the smooth running of business activities, and the basic indicators identifying potential changes in the level of working capital. The objective of this paper is to present the basic indicators that suggest that there is an imbalance in the working capital quantum.