Cash disbursements by calendar
What is paid, and on which Friday.
By Surojit Chakraverti, founder of L3VLUP and an investor running a long-short healthcare and technology equities strategy.
On this subject: cash disbursements by calendar.Updated 30 September 2026
What it does
Cash out, by nature and by date. Vendors are paid on their terms except the critical ones paid on delivery; payroll every other week; rent and interest monthly; taxes on their due date; capex, the advisers’ fees and the one-offs where they fall. The lumpiness is the point: a company can be solvent on average and out of cash on the Friday payroll and rent coincide.
Where it lives
The same schedule in each model that carries it, with the rows to open. Open a model in the browser, go to the sheet, and click the lines.
- Assumptions, rows 21–30: Purchases, % of sales, Vendor terms: paid two weeks after purchase; share paid on delivery, Utilities, freight and other weekly operating costs, Payroll (fortnightly)…
- Disbursements, rows 6–13: Purchases, Paid on delivery (critical vendors), Paid on terms, two weeks after purchase, Paid on terms for purchases before the forecast…
- Disbursements, rows 16–22: Interest and fees, Taxes, Maintenance capex, Restructuring professional fees…
What a reviewer looks for
- Costs spread evenly across weeks.
- Vendor terms ignored, so purchases are paid the week they are made.
- Professional fees left out.
Learn it, then build it
Vocabulary: 13-Week Cash Flow.