Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

How to resolve a financial gap of a company and how will you be able to maintain a shorter cash conversion cycle?

user-image
Question added by Deleted user
Date Posted: 2015/08/02
VIKAS GUPTA
by VIKAS GUPTA , HEAD - FINANCE AND ACCOUNTS , PT BALMER LAWRIE INDONESIA

Believe there are a number of ways to do this :

1. Try to make certain percentage of sales on cash / advance basis.

2. Convince suppliers to extend improved credit terms.

3. Ensure Just in time purchases to improve inventory turnover cycles.

4. Follow up with Customers to ensure timely inflow from receivables.

More Questions Like This