Compare your working capital performance with top 1000 European companies in key industries and countries. The cash conversion cycle (CCC) slipped 3.6% last year among Europe's top 1000 nonfinancial companies while net working capital expanded. These companies lost the use of over 1 trillion euros, which remained tied up in net working capital. Download
Which key performance indicator (KPI) offers the best way to measure and monitor accounts receivable? It ultimately depends on your company's particular structure, culture and goals. This article takes a closer look at using days sales outstanding (DSO), the most popular receivables KPI. Download
Companies can't always get paid when they would like to, but they can exercise control over when and how they pay their suppliers. It's important to have good habits in this area so that cash is not left on the table. Download
Many organizations overlook the substantial impact a sustained reduction in working capital has on top-line performance indicators such as profit margin. Download
REL, a division of The Hackett Group, has helped many of the world's leading businesses release billions through process transformation that drives sustainable working capital improvements.
We focus on three critical end-to-end processes – inventory management, accounts receivable and accounts payable – that can improve cash flow management and service performance while reducing costs and business risks.
The Working Capitalist: Spring 2017 – Our latest issue of The Working Capitalist newsletter examines what it takes to sustainably improve working capital performance. It examines the performance characteristics and metrics associated with top performers and offers recommendations for where underperformers can begin to improve working capital performance.
Financial analysts are fairly optimistic about Europe, but the latest Europe Working Capital Survey released by REL Consultancy, part of The Hackett Group, found the EU's top 1,000 nonfinancial companies saw their cash conversion cycles slip as they hold onto more net working capital. The data found more than $1.2 trillion in net working capital among the REL 1000, while their cash conversion cycle dropped 3.6 percent in 2016, according to the report.
August 4, 2017
The latest figures from the Europe Working Capital Survey reveal that Europe's top 1000 nonfinancial companies cash conversion cycle (CCC) slipped 3.6% last year, as net working capital expanded. Bastian Krawinkel, Senior Manager at REL Consultancy, part of The Hackett Group, explains the figures.
August 3, 2017
Delaying payments is boosting the working capital performance of America's largest companies, but also masking a lack of efficiency. Results from The Hackett Group's 2017 Working Capital Survey.
July 26, 2017
Europe's corporate giants are returning their spare cash to investors while loading up on cheap debt, taking dividend payouts to their highest level in ten years, according to a study from REL, a division of The Hackett Group. The largest 1,000 businesses across Europe have raised dividends by a fifth to €234 billion since the financial crisis in 2008, while doubling the amount of cash on hand to €881 billion.
July 19, 2017