The book "Working Capital Management" provides a comprehensive analysis of the concept of working capital, defined as the total investments of a company in short-term assets. It highlights the importance of working capital management as an integral part of corporate strategy for creating shareholder value. The authors Daniel Lazar and K. P. Shaji discuss the planning and control of short-term assets and liabilities to ensure that companies can meet their short-term obligations without delay. The book also addresses the challenges particularly faced by manufacturing companies, whose assets predominantly consist of short-term assets. The efficiency of working capital management is emphasized as crucial for the profitability of companies, and various approaches to improving financial performance are presented.