If you work in the finance and accounting industry, working capital was definitely on your mind in 2009. If you are unsure of the term, check out my earlier blog posts or click here. I've been beating the working capital drum for some time, given its critical importance over the past 18 months as corporates have been conserving cash while seeing their access to capital constrained (sometimes very constrained)
Each year, CFO magazine publishes the CFO/REL Working Capital Scorecard, which lays out in very granular detail the working capital metrics and results of the F1000. It's fascinating data, to see which companies sit in each quartile of performance, and how they have improved (or not) their working capital positions over the past years. The data is here.
Working capital itself will remain a critical metric of an organizations financial health going forward.
No comments:
Post a Comment