Optimizing Financial Performance in 2003: Profitability in the Balance: Why Working - Capital Management Matters
- Topics:
- Working Capital
- Tags:
- Capital Management,
- Finance,
- Financial,
- Financial Accounting,
- J.P. Morgan Chase & Co.,
- Operational Accounting,
- Revenue,
- Working Capital Performance
- Source:
- JPMorgan Chase
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Overview: A successful financial performance is a masterful balancing act, and the treasurer walks a financial tightrope to ensure success. Today’s economy has tipped the scale away from aggressive revenue streams. Yet companies seek profitability comparable to the days of double-digit, top-line revenue growth. Adaptability in the business world means ever adjusting to the economic winds of change and staying grounded in strategies that sustain long-term success. Companies must adjust to macro business factors—economic activity, interest rates, stock market valuations, and regulatory changes—over which they have little control. Working capital performance is fundamental to a company’s ability to adapt in a challenging economy, because it is both independent of macroeconomic factors and firmly within an organization’s control. Read the article to know in detail about this issue.
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Format: PDF | Size: 153KB | Date: Jan 2003 | Pages: 2
