Measures the daily balance of cash and cash equivalents available for use.

What it Measures ?

How much cash do we have today?

Relevant StakeHolders 

Treasury, CFO

In-depth Use Case / Real-world Example

Daily Cash Position is a snapshot of the company’s available cash on a daily basis. It’s calculated by summing up all the cash balances in the company’s bank accounts and liquid assets. For example, if a company has ₹1,000,000 in cash in various accounts on a given day, this represents the daily cash position. Monitoring this KPI allows a company to assess its liquidity and its ability to cover short-term obligations. Maintaining an optimal cash position ensures that the business can operate smoothly without facing liquidity crises.