Change in Working Capital (CWC) is a term used to describe the amount of cash that a company generates or uses up over a certain period of time. It’s calculated by subtracting the current working capital – which includes short-term assets, short-term liabilities, and cash – from what it was at the beginning of the period. By understanding CWC, businesses can better understand how much liquidity they’re generating or consuming, which will help them make smarter decisions when it comes to investments and spending. In other words, they’ll know exactly how much available cash they’ll have to work with in order to make sure their business is humming along efficiently.