Thursday, September 3, 2009

Big Firms Pay Slower, Smaller Paying Faster as Cash Crunch Worsens for Many

This WSJ report summarizes a study recently completed to measure AP/AR policies of various size businesses as all firms face tighter cash crunches. HARDI members had reported a steady rise in Days Sales Outstanding for months until finally seeing a minor improvement in several regions in August's Monthly Sales Trends, however we are projecting a prompt return to a growing DSO trend throughout the rest of the year.

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