Based on Kogan company's Working Capital trend of last 5 years

Summarise any strengths or weaknesses you believe are revealed by these figures and what they tell you about its management approach to business - would you say, for example, that your company is conservative or risk-taking, efficient or 'lazy', and so on.

How well does investment in working capital bear up to the scrutiny of the time value of money principle? Appraise your company's ability to deliver an economic benefit based upon the 'cost' of working capital.