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
Lastest Insights
Smarter. Faster. Gen AI-Driven Finance.
Economic uncertainty demands sharper decisions and faster action. Digital World Class® finance teams meet the challenge – delivering forecasts 57%…
AI Is Rewiring Finance. Will You Lead or Lag?
Generative artificial intelligence (Gen AI) is automating reporting, forecasting and analysis at unprecedented speed. For CFOs, CIOs and finance executives,…
How to Drive More ROI from Gen AI
Tailored for AI leaders, The Hackett Group’s How to Drive More ROI from Gen AI: Thinking Big and Thinking Narrow…
The 2025 Supply Chain Agenda: Gen AI Fuels Resilience and Growth
In 2024, only 16% of supply chain leaders bet on Generative AI. By 2025, 89% are charging toward adoption. Why…