2024 Working Capital Survey: Key Insights and How to Recalibrate
For the first time in a decade, the U.S. companies in our survey experienced simultaneous degradation across all three major working capital metrics – accounts receivables, accounts payables and inventory. This triple threat points to a critical turning point, revealing a staggering $1.76 trillion in untapped working capital opportunity. It stresses the urgency for companies to optimize and free up cash amidst ongoing economic uncertainties.
In Europe, the cash conversion cycle – a key measure of working capital – deteriorated significantly as a result of weak demand and slowing economic activity.
Watch this replay, we will:
- Share key insights from the 2024 Working Capital Survey for the U.S. and Europe
- Discuss best practices for customer-to-cash, purchase-to-pay and forecast-to-fulfill
- Show how to realize sustainable improvements within your receivables, payables and inventory performance
Featured Speakers:
- Istvan Bodo, Director Strategy and Operations, Finance Transformation, The Hackett Group®
- James Ancius, Director Strategy and Operations, Finance Transformation, The Hackett Group®
- Shawn Townsend, Director Strategy and Operations, Finance Transformation, The Hackett Group®