Tag: dso

Chinese corporates outperformed their international counterparts in terms of working capital at the start of the pandemic. However, factors such as a slower-than-expected demand recovery have since contributed to a “normalisation” process.

Treasurers last year moved away from cash preservation and towards deployment as pandemic woes eased, but must remain cautious amid new uncertainties, a JP Morgan report found.

Attention to day sales outstanding (DSO) could be the only way through the COVID-19 crisis for many corporations. We look at what treasurers should be focusing on.

After a standard analysis by CT and S&P Capital IQ of advertising agencies' DSO revealed substantial delay of payments, Asia-based finance executives of the world’s largest ad firms have fought back claiming standard industry billing practices are mitigating factors in collections.

Advertising industry reps took to the front page of the Financial Times to gripe about clients extending payment terms. CT looked at the accounting statements of the largest publicly-traded agencies in Asia and the world to gauge how bad the situation is.

Asian companies were hit by extended days sales outstanding periods between 2011 and 2012, according to an Atradius payments survey. Indian, Indonesian and Chinese companies were impacted most.