Monthly Cash Flow Forecasting Model

Table of Contents
12 Month Rolling Forecast

Notes
This Excel model is for educational purposes only and should not be used for any other reason.
All content is Copyright material of CFI Education Inc.
https://corporatefinanceinstitute.com/

© 2019 CFI Education Inc.

All rights reserved.  The contents of this publication, including but not limited to all written material, content layout, images, formulas, and code, are protected under international copyright and
 Strictly Confidential

otected under international copyright and trademark laws. 

© Corporate Finance Institute Actuals --> Forecast -->
US$ thousands 31/Aug/17
Balance Sheet Check OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK

Assumptions

Income Statement

Balance Sheet

Cash Flow Statement

Supporting Schedules

Summary Charts

© Management Development Associates (NA) Inc. - 21317

Revenue assumption
Number of stores
Number of new stores 0.0 1.0 0.0 0.0 1.0 0.0
Sq ft per store 46,000.0 46,000.0 46,000.0 46,000.0 46,000.0 46,000.0
Sales per square foot ($/ft/yr) 535.0 535.0 535.0 535.0 535.0 535.0

Operating cost assumptions

Gross margins 26.5% 26.5% 26.5% 26.5% 26.5% 26.5%
SG&A 9,500 9,500 9,500 9,500 9,500 9,500
SG&A as a percent of revenues

Tax assumptions
Effective tax rate 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

Working capital assumptions

Receivable Days 7.0 7.0 7.0 7.0 7.0 7.0
Inventory Days 29.0 29.0 29.0 29.0 29.0 29.0
Payable Days 28.0 28.0 28.0 28.0 28.0 28.0

Capital expenditure assumptions

Depreciation rate 10.0% 10.0% 10.0% 10.0% 10.0% 10.0%
Cost to build per square foot 100.0 100.0 100.0 100.0 100.0 100.0

Financing assumptions
Equity raised (repurchased) 0.0 0.0 0.0 0.0 0.0 0.0
Dividends paid 0.0 0.0 0.0 0.0 0.0 0.0

Term debt issued 0.0 0.0 0.0 0.0 0.0 0.0

Term debt principal repayment 500.0 500.0 500.0 500.0 500.0 500.0
Term debt interest rate 5.75% 5.75% 5.75% 5.75% 5.75% 5.75%

Debt/Equity ratio covenant 0.75x 0.75x 0.75x 0.75x 0.75x 0.75x

Debt service coverage ratio covenant 3.00x 3.00x 3.00x 3.00x 3.00x 3.00x
 0.0 0.0 1.0 0.0 0.0 0.0
46,000.0 46,000.0 46,000.0 46,000.0 46,000.0 46,000.0
535.0 535.0 535.0 535.0 535.0 535.0

26.5% 26.5% 26.5% 26.5% 26.5% 26.5%

9,500 9,500 9,500 9,500 9,500 9,500

35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

7.0 7.0 7.0 7.0 7.0 7.0

29.0 29.0 29.0 29.0 29.0 29.0
28.0 28.0 28.0 28.0 28.0 28.0

10.0% 10.0% 10.0% 10.0% 10.0% 10.0%

100.0 100.0 100.0 100.0 100.0 100.0

0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 0.0 0.0 0.0

500.0 500.0 500.0 500.0 500.0 500.0
5.75% 5.75% 5.75% 5.75% 5.75% 5.75%

0.75x 0.75x 0.75x 0.75x 0.75x 0.75x

3.00x 3.00x 3.00x 3.00x 3.00x 3.00x