An Analysis of Working Capital Management Results Across Industries
Greg Filbeck and
Thomas M. Krueger Additional contact information Greg Filbeck: Schweser Study Program
Thomas M. Krueger: University of Wisconsin-La Crosse
Abstract:
Firms are able to reduce Þnancing costs and/or increase the funds available for expansion by minimizing the amount of funds tied up in current assets. We provide insights into the performance of surveyed Þrms across key components of working capital management by using the CFO magazineÕs annual Working Capital Management Survey. We discover that signiÞcant differences exist between industries in working capital measures across time. In addition, we discover that these measures for working capital change signiÞcantly within industries across time.
Keywords:Finance; WCF; working capital (search for similar items in EconPapers) JEL-codes:R00Z0 (search for similar items in EconPapers) Date: 2005