Treasury & Risk, “Eye on Working Capital Performance: Median Companies Are Falling Behind,”

After a rare 2021 “Triple Crown” that saw improvement in all three working capital metrics, 2022 was a year of course correction. A bylined article by The Hackett Group’s Shawn Townsend, István Bodó, and James Ancius.

When The Hackett Group last analyzed working capital performance, at the midpoint of 2022, we saw early signs of deterioration in days payables outstanding (DPO) performance. We noted that this trend might signal an inflection point in companies’ ability to continue improving their balance sheet by further extending payment terms with suppliers.

Source: Treasury & Risk