does deferred tax or accrued tax also count as part of WCInv? besides AR and inventory, what other item also count as WCInv? Thanks.
Deferred tax asset/liabilities are excluded from WC Inv. WC Inv is only related to nonmonetary assets/liabilities that will provide some sort of immediate funding for projects that companies take on. DTA/DTL does not really provide that.
dtl is part of noncash charge so you add it back to NI. dta is subtracted.