Focused on growth and more reliant on overseas suppliers, companies have let inventories swell.
Randy Myers, CFO Magazine
July 1, 2007
So can you please confirm that in the 2007 NWC Study as a denominator to calculate DIO COGS instead of Sales have been used? Thanks and best regards Stefan
Posted by Stefan Heimrich | August 20, 2008 04:48 pm
The article gave the wrong definitions about two concepts: DIO=Average Invetory/(CGS/365) NOT (Total revenue/365) per day. The same goes with DPO.
Posted by Charlie Yang | July 26, 2008 08:11 am
I see comment that European Companies are making advancements in Working Capital, yet cannot find the survey results in your CFO Europe magazine. Where can I refer to that data and do you have any industry benchmarks for DPO for Europe and Asia. Thanks
Posted by Ivonne Lopez | July 03, 2008 12:15 pm© CFO Publishing Corporation 2009. All rights reserved.