Why is comparing the ratio to the industry average important


Essay Homework: Supply Chain Management

Select a company of your choice and calculate the most current days of working capital (DWC) that is available. Review page 655 in the textbook, (see attachment) and watch the short video Working Capital (link below), which is one of the reading homeworks in this unit. In addition to your calculations, include the information below in your essay. YouTube video: "Short Video on How the Working Capital Cycle can Improve Cash Flow"

o How does this company's ratio compare to those of its competitors?

o Why is comparing this ratio to the industry average important?

o Explain how a well-managed supply chain can come into play here.

Format your homework according to the following formatting requirements:

o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.

o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.

o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.

 

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Supply Chain Management: Why is comparing the ratio to the industry average important
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