Six Ways to Stretch Your Payment Terms

When it comes to working capital improvements, accounts payable may yield an abundant crop of low-hanging fruit.

Faced with cash calls from their banks and creditors in the wake of the financial meltdown, many companies sought to squeeze funds out of their working capital. They did so by going after customers who owed them money, cutting down on the costs associated with inventory, and increasing their days payable outstanding.

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By : nagi /September 13, 2014 /Working Capital /0 Comment /

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