When it comes to managing your business’s cash flow, debtor days is one of the most important metrics to track. Like any good metric, it’s not just a number – it’s a reflection of how quickly your business can convert outstanding invoices into cash. Keeping...
If you’re a business owner in Australia, managing cash flow is a constant priority. One key metric that can help you assess and optimise your financial health is working capital. But what exactly is it, and why does it matter? Working capital is the difference...