CFO Dive, “Suppliers gained clout as DPO dipped: Hackett
The number of days payable outstanding — a key gauge of cash flow health — fell 8% last year or 4.7 days, according to the Hackett Group.
Big companies paid their suppliers faster in 2022, with the number of days payable outstanding declining 8% or 4.7 days compared to the year-earlier period, according to the Hackett Group’s 2023 U.S. working capital survey of the 1,000 largest U.S. public companies.
Source: CFO Dive
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