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.
The working capital performance of America’s largest companies is flat for the third straight year, according to the 2014 CFO/REL Scorecard.
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.
Working capital is piling up at America&spamp;rsquo;s largest companies.
Defense contractor Exelis is ready to adjust to an era of reduced Pentagon spending, says CFO Peter Milligan.
When it comes to working capital improvements, accounts payable may yield an abundant crop of low-hanging fruit.
