Dell Computer Corp (No. 48 on the Fortune 500 at the time of writing) achieved a cost-of-sales to payables turnover of 5.9 times (versus the industry average of 9.3 times) as a result of their focus on minimising working capital. Dell maximises cash preservation by holding payables until dates negotiated with vendors....

BPIR Categories

11.2.1 Process accounts payable
11.1.4 Manage cash flow

Unlock this article and 10,000+ more

To get the most out of our extensive resources, please login or become a member below.