Working Capital Report 2023
30 October 2023
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Additional c.$12.3 billion cash “released”
McGrathNicol Advisory profiled the working capital performance of 139 ASX listed companies across seven working capital-intensive sectors, with a combined market capitalisation of $1 trillion. Our sample includes ASX listed companies in the Agriculture, Building Products, Construction & Engineering, Food & Beverage, Mining & Resources, Retail and Transport & Logistics sectors. We have analysed the most recent full year (FY) results for 2023 and 2022, and incorporated international benchmarks for Asia, the US and Europe.