It is time to look into your working capital (accounts payable, to be exact) after re-negotiating your debt and deploying cost-cutting aggressively but still in struggle to pass over the slowing-cash issues. You have no choice left unless go into the working capital, and squeeze it. You may have been deploying cost-cutting on the costs associated with inventory and trying to improve days sales outstanding (DSO) as well, which aren’t easy task at all. Still, there is big possibility that [...]
Archive for Category: "Account Payable"
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