The chemical industry is experiencing a notable contraction, with an 8% year-over-year sales decline driven by economic uncertainties and shifting market demands. This has compelled industry leaders to tighten their working capital management strategies to sustain financial stability and operational efficiency.
Book a free consultation with Daylit to learn how chemical companies are shortening cash conversion cycles by reducing inventory levels, extending vendor payment terms, and accelerating customer collections.
(Our session provides insights into key metrics like Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO).)
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