BusinessCompany NewsWorking capital excess mounts among plcs

Working capital excess mounts among plcs

£110bn available in working capital

Research has revealed that UK plcs could be sitting on more than £100bn of
excess working.

A survey by
Booz &
Company
, the consultants, revealed that among 202 UK plcs there was as much
as £110bn in working capital on their balance sheets.

“When capital is scarce, making better use of working capital is not merely a
matter of improved practice,” says John Potter, Partner at Booz & Company in
London. “Companies risk their competitiveness, in fact their own survival, by
neglecting the cash available at home”.

The analysis looked at receivables, payables and inventory across 31 industry
sectors.

Read more:

Working capital management seminar click
here.

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