XYZ has provided the following information. Estimate the net working capital required for that project. Add 10% to your computed figure to allow for contingencies

1. Calculate the working capital requirement - provide 10% for contingencies

Particulars given in diagram

Raw material (in stock for 4 weeks) Annual consumption Rs ?3,20,000 (Lag in payment is 2 weeks) Procurement of standard parts from Annual procurement is Rs 10,00,000 strategic vendor (Lag in payment is 4 weeks) Average nished good in stock valued at cost {4 Annual cost of finished goods sold Rs 1,59, 12,000 weeks of holdings} Average debtor holding 8 weeks of sale value Annual sales 136,550,000 Lag of payment wages [4 Weeks} Annual wage bill Rs 20,00,000 Cash and cash equivalents Rs 5,00,000