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.
What else can companies do to help drive their businesses' short-term cash flows and fund their long-term ambitions?
A disrupted economy will make it harder to manage receivables, payables, and inventory with efficiency.
Economic conditions, business needs, and activist pressures have increased the need to accelerate the divestiture process. How can CFOs help?
With payables stretched to the limit, wringing more cash out of working capital will be a challenge.
Zebit extends credit to people who don't qualify for credit cards — and charges 0% interest. Can this business really work?
Internal resistance to change — or mental momentum — can prevent companies from properly responding to new market economics.
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 big semiconductor distributor charts a broad new strategic path and employs key financial strategies to overcome challenging times.
Collections are key to a low days sales outstanding (DSO) number — and the faster the money comes in, the more breathing room an organization has.
Our third selection, Tipalti, is solving the mounting payables problem faced by growing midmarket businesses.
