Working Capital Adjustments
Itemized list of working-capital adjustments with explicit sign-prefix driving the additive-vs-subtractive multiplier — e.g. "+ AR collected: $250k", "− Prepaid infra: $80k", "+ Deferred revenue: $600k". The line-item basis for `finance.net_working_capital_adjustment` and its child KPIs (current_asset_adjustments, current_liability_adjustments). The signed-prefix UI convention prevents the most common working-capital reporting bug — sign-flips that double-count or invert the cash effect. Common pitfall: lumping unrelated items into a single "other working capital" line loses the diagnostic value; break out the top 3–5 components. — Finance KPI, I'mBoard-authored (editorial tier).
I'mBoard-authored (editorial tier)
No public third-party standard anchors this KPI yet, so I'mBoard authors and maintains the definition — transparently labeled as editorial tier. See the ontology methodology for the published vs editorial tier system and the back-attribution workstream.
Rogue ID: finance.working_capital_adjustments_list
Type: Text
Domain: Finance
Definition
Itemized list of working-capital adjustments with explicit sign-prefix driving the additive-vs-subtractive multiplier — e.g. "+ AR collected: $250k", "− Prepaid infra: $80k", "+ Deferred revenue: $600k". The line-item basis for finance.net_working_capital_adjustment and its child KPIs (current_asset_adjustments, current_liability_adjustments). The signed-prefix UI convention prevents the most common working-capital reporting bug — sign-flips that double-count or invert the cash effect. Common pitfall: lumping unrelated items into a single "other working capital" line loses the diagnostic value; break out the top 3–5 components.
Formula
Each row contributes `± amount` based on its sign prefix. Sum of signed amounts equals `finance.net_working_capital_adjustment`. Asset-side rows roll up to `finance.current_asset_adjustments`; liability-side rows roll up to `finance.current_liability_adjustments`.Why it matters
Makes the working-capital aggregate auditable — the board can see exactly which items moved the number and which direction. Critical at Series A+ when working capital is material.
How to interpret
Track the same line items across periods; a previously material line that vanishes from the list usually indicates a hidden reclassification rather than resolution. New material lines deserve a one-line footnote on what happened.
Related KPIs
finance.net_working_capital_adjustmentfinance.current_asset_adjustmentsfinance.current_liability_adjustmentsfinance.operationally_available_cash
Source
I'mBoard editorial — authored and maintained by I'mBoard, first published 2026-04-01. No third-party standard is cited for this KPI; when one emerges, the definition is back-attributed and promoted to the published tier (a minor version bump). Read the ontology methodology for the published vs editorial tier system, attribution rules, and dispute process.
Stage relevance
| Company stage | Priority |
|---|---|
| Series A | Recommended |
| Series B | Recommended |
| Series C+ | Recommended |
| Public | Recommended |
Suggested for stages: Series A, Series B, Series C+, Public.
Default owning functions
- Finance
Machine-readable
- This KPI as JSON:
/api/ontology/finance/working_capital_adjustments_list.json - All Finance KPIs:
/api/ontology/finance.json - Full catalog:
/api/ontology/index.json
Unrestricted Cash
Cash that the company can freely deploy for any operational purpose — total bank balances minus any contractually restricted balances. This is the input most boards actually want when judging runway, because it strips out escrows, security deposits, and processor reserves that cannot be spent on payroll or vendors. The distinction matters more as the company adds enterprise contracts (deposit obligations), debt facilities (covenant balances), and payment processing volume (rolling reserves). Common pitfall: at early stage, restricted cash is often near zero so teams equate this with `finance.total_cash_in_bank` — track them separately from day one to avoid surprise reclassifications later. — Finance KPI, I'mBoard-authored (editorial tier).
Sales KPIs
ARR, bookings, pipeline, deals, forecast. 45 KPIs in this domain — 10 anchored to third-party standards, 35 editorial.