Cash is King – Examining the Cash Conversion Cycle

Published On: September 17th, 2021

Cash is king — well almost. It is hard to argue with the old adage that ‘cash is king’, but maybe in the fastener manufacturing and distribution industries the phrase would be better coined as ‘cash conversion is king’. As one could imagine, an industry such as fasteners needs to rely heavily on how cash conversion is managed and leveraged to make a company successful.

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