In this episode of the Industrial Manufacturing and Consumer Goods Podcast, Michael Piotrowski and Corey York dive into the fundamentals of working capital optimization and its critical role in business health and agility.
They discuss how optimizing working capital enables companies to meet obligations and seize growth opportunities. This episode also covers an overview of the essential components of working capital — inventory, accounts receivable and accounts payable — and introduces key metrics like the current ratio, quick ratio and cash conversion cycle.
This is the first episode in a five-part series on working capital optimization. Stay tuned to learn more.
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Michael Piotrowski, Senior Manager, CFO Advisory
Corey York, Senior Manager, CFO Advisory
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Article | Working Capital Strategies: 7 Steps To Improve Cash Flow in Manufacturing Businesses
