Working capital & funding


lockheed martin px px
July 20th 2021

Defence manufacturing giants accelerate payments to suppliers

Emergency US government support has transformed the working capital picture for the country's defence...
xpx retailers best buy
June 29th 2021

Retail giants digitise inventory, build cash piles amid supply chain squeeze

Surging customer demand in the US has created supply chain bottlenecks, but US big box retailers...
xpx working capital mondelez
  • DPO
  • DSO
  • inflation
  • receivables factoring
June 8th 2021

Consumer goods giants sell receivables to support customers

Coca Cola, Mondelez and Archer Daniel financed an additional $1.3 billion of receivables via receivable...
xpx walmart and citrix
  • commercial paper
  • Covid-19
  • liquidity
  • RCF
November 3rd 2020

Securing liquidity in a crisis

Food retailers and software companies may have fared better than others during the Covid-19 crisis...
x high yield markets
  • bankruptcy
  • corporate bonds
  • high yield
  • restructuring
October 16th 2020

Down and up in the high yield market

Whether their companies escaped default or not, treasurers have had a busy year.
xpx eye of the storm revised
  • Covid-19
  • Hedging
  • International 2020
  • liquidity
  • revolving credit facilities
October 13th 2020

The eye of the storm

A new elite of battle-tested treasurer has been forged in the sectors worst hit by the pandemic...
xpx Working capital consumers nestle logo
  • accounts payable
  • accounts receivable
  • cash conversion cycle
  • consumer goods
  • inventory
September 1st 2020

Consumer goods giants grow inventory, extend receivables amid Covid-19 shift

Working capital for consumer goods multinationals reached a 5-year record high of $38 billion in...
xpx Resilience funding
  • corporate bonds
  • Covid-19
  • liquidity
August 3rd 2020

When the going gets tough

After the pandemic sent shockwaves through funding markets in March, corporates scrambled to secure...
xpx the great bond rush
  • corporate bonds
  • dividends
  • ECB
  • Federal Reserve
  • quantitative easing
  • share buybacks
July 7th 2020

The great corporate bond rush

Following the quantitative easing playbook of the European Central Bank, the Federal Reserve has...
xpx DPO story
  • Covid-19
  • DPO
  • Purchases
June 23rd 2020

Consumer goods companies slashed purchases, extended payables as pandemic disrupted customers

DPOs hit record highs for a slew of food and consumer goods multinationals in Q1 2020 as treasurers...