Industrial Goods Podcast: Working Capital Optimization

In this episode of the Industrial Manufacturing and Consumer Goods Podcast, Michael Piotrowski and Corey York dive into the fundamentals of working capital optimization and its critical role in business health and agility. They discuss how optimizing working capital enables companies to meet obligations and seize growth opportunities. This episode also covers an overview of the essential components of working capital — inventory, accounts receivable and accounts payable — and introduces key metrics like the current ratio, quick ratio and cash conversion cycle. This is the first episode in a five-part series on working capital optimization. Stay tuned to learn more.Listen to learn more about:The definition of working capitalThe components of working capitalKey metrics for working capitalWarning signs of poor working capital managementThe benefits of working capital optimizationSeriesPOCsMichael Piotrowski, Senior Manager, CFO AdvisoryCorey York, Senior Manager, CFO AdvisoryRelated Insights:Article | Working Capital Strategies: 7 Steps To Improve Cash Flow in Manufacturing BusinessesView All Podcasts in this Series