APQC found that top performers on this measure have a CCC of 33.2 days or less on average, while bottom performers take 74 days or longer.
With payables stretched to the limit, wringing more cash out of working capital will be a challenge.
An analysis of automakers' changes to managing working capital after the Great Recession offers lessons for other industries ahead of the next downturn.
The cash conversion cycle improved once again in 2017, largely because many companies took as long as possible to pay suppliers.
The faster you can turn inventory into cash, the healthier your company will be. Here’s why cash-to-cash cycle time matters.
Thanks to the slumping oil and gas industry, the working capital performance of America’s largest companies is at its worst level in years.
The consumer-goods company offers a powerful example that the true value of finance, long a reactive function, lies in being proactive.
At high-flying Dell Computer, cash flow wasn't keeping pace with heavy growth. Re-engineering treasury operations fixed that.
