A McGrathNicol report shows retailers had a good 2016 even while stress could be looming as creditor days extended 5% to 45.4 days and revenue fell in the construction sector.

The independent advisory firm’s Working Capital 2016 report show retailer revenue increasing 5.1% and working capital days down 4.5 days to 45.1 days last year, driven by reducing inventory. Australian and American retailers also reduced inventory, using the extra cash to pay suppliers faster.

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The National Business Review, January 27, 2017