The improvement is the result of continued profitability and the Companys focus on cash conversion cycles
Kapital Boost also aims at helping SEMs grow by shortening their cash conversion cycles
and by offering competitive rates coupled with a fast approval process versus other non-bank financing.
Firms experiencing a shorter time span of cash conversion cycle
will be able to increase the profitability by managing its credit policy and increasing its inventory levels, while firms having a relatively large length of cash conversion cycles
should focus on reducing the investment in the components of working capital.
Corporate Returns and Cash Conversion Cycles
, Journal of Economics and Finance, 20, (1), 35-48.
Studies on this relationship have consistently found that more efficient cash conversion cycles
lead to higher returns in both large firms (Lazaridis and Tryfonidis, 2006; Deloof, 2003; Wang, 2002; Shin and Soenen, 1998; Jose, Lancaster, and Stevens, 1996) and small firms (Garcia-Teurel and Martinez-Solano, 2007; Padachi, 2006).
By adding an ECM platform, you can improve effectiveness, increase productivity, and shorten cash conversion cycles
The sections with short cash conversion cycles
are: leather goods production (from minus 5 to 50 days), producing coke and oil products (from 14 to 32 days), producing cars and trailers (from 6 to 37 days) and processing waste (from 19 to 37 days).
Selectica enables world-leading companies to successfully improve their fundamentals, accelerate their cash conversion cycles
, and re-channel revenue toward corporate goals.