European companies don´t know how to manage their working capital – during last 5 years it cost them approximately CZK 10 trillions
28.06.2012Company: PricewaterhouseCoopers Česká republika, s.r.o.
Due to unefficient management of working capital largest European companies lost almost CZK 10 trillions during last 5 years. This is almost one third of their sales. As shown in current survey of PwC there is a room for improvement in companies across Europe as well as across sectors. Companies in Southern Europe would get up to 40 % of their total sales, British or Irish 22 %.
