3. Competitive Advantage
3.3 Revisiting Net Working Capital Management
Resat ORUC – Brisa CFO
Like any living organism, companies also go through tough times. 2016 was such a year for Brisa, when its total liabilities equalled it gross profits. Could it be solved by revisiting the net working capital management? Brisa CFO Resat Oruc explains how they regained the competitive edge by speeding up the working capital turnover to 8.9x in June 2020, with the improvements made in DSO, DIO and DPO figures.
In the Q&A, working capital is covered, including liquidity ratios and an exercise calculating Brisa’a cash conversion cycle for the last five years.