80% of Top CFOs Use Working Capital to Fund Growth
By PYMNTS
AI summary of the source article
Eighty percent of the most efficient growing companies cite planned growth as their primary reason for using working capital, compared to just 2% of the least efficient companies, according to a report examining how finance leaders manage cash.
Key facts
- Eighty percent of the most efficient growing companies use working capital primarily for planned growth.
- Only 2% of the least efficient companies report planned growth as their primary reason for using working capital.
- The 78-percentage-point gap was identified in a report titled 'The 24-Day Advantage: What Top-Performing CFOs Know About Working Capital'.
Source excerpt · PYMNTS
At the most efficient growing companies, 80% say their primary reason for using working capital is planned growth. Among the least efficient, just 2% say the same. That 78-percentage-point gap is a central finding in “The 24-Day Advantage: What Top-Performing CFOs Know About Working Capital,” a PYMNTS Intelligence report examining how finance leaders manage cash. Drawing […] The post 80% of Top CF…