November 2nd, 2023
Why Optimize your Cash Conversion Cycle?
Webinar
Virtual
06 December, 4pm
Optimizing your cash conversion cycle gives companies more options when seeking “enough” liquidity.
Basically, every company faces 2 options when seeking liquidity; they can “make it” or “buy it”. Ignoring liquidity needs is not an option.
- Buy it – Aside from being expensive, access to it is uncontrollable. Besides, when your bank says “No”, the price becomes infinite.
- Make it – by going beyond EBITDA as a measure of performance and focusing on the cash conversion cycle, companies become less dependent on the uncontrollable capital markets.
Bottom line all companies need a good plan well executed. Focusing purely on profits only gives a company a one dimensional view of performance.
