With U.S. interest rates rising, companies are expected to pay more attention to wringing the most cash possible out of receivables and payables. As they do, technologies ranging from electronic invoicing to integrated receivables are expected to smooth the way.

Working capital metrics have deteriorated in recent years, according to The Hackett Group, which produces an annual benchmarking study based on financial statements of the 1,000 largest U.S. publicly traded nonfinancial companies.

The most recent Hackett report, released in July, showed days sales outstanding—the amount of time it takes companies to collect receivables, also known as DSO—stood at 36.7 days in 2015, up from 36.3 days in 2014. Days inventories outstanding, or DIO, stood at 49.1 days, up from 44.5 days.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.