Over a Barrel
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 availability of cheap debt has reduced companies’ incentive to improve working capital management.
Running in Place
The working capital performance of America’s largest companies is flat for the third straight year, according to the 2014 CFO/REL Scorecard.
Still Not Working
Working capital performance among large U.S. public companies has improved only marginally over the last two years, according to REL Consulting’s annual survey.
Defense contractor Exelis is ready to adjust to an era of reduced Pentagon spending, says CFO Peter Milligan.