“Cash is the King” is a phrase often quoted in the business parlance but it is seldom given the importance it deserves. To survive and grow, businesses need to maintain adequate cash flows, or, in other words, manage working capital effectively.
Welcome to the inaugural edition of our detailed performance assessment of working capital for the largest companies in Vietnam. Our recent study shows that there is USD 10 billion of cash tied up in their working capital (an amount equivalent to 18% of combined sales), of which up to USD 4 billion can be released through working capital performance enhancement. To conclude, organisations are leaving significant money on the table by not optimising their working capital efficiently.
Explore our study to learn how PwC Vietnam can work with companies to help them release cash and improve operating cash flow on a sustainable basis.