REL: CFO Magazine, Mastering the Flow
15 12월 2007 - 3:40AM
Business Wire
In these market-rattling, credit-crunching, confidence-sapping
times, cash can be a very good thing for a company to have
(although return-hungry shareholders might argue over how much).
And indeed, Corporate America has amassed an impressive hoard over
the past few years, as profits have soared. Yet, according to a new
study done for CFO magazine, companies could be generating billions
of dollars more in free cash flow. How many more billions? In
theory, as much as $508 billion. That eyebrow-raising figure comes
from REL, an Atlanta-based global research and consulting firm.
Seeking to find out how efficiently companies generate cash from
sales, REL analyzed the 2006 financials of the largest 1,000
U.S.-headquartered public companies (excluding the financial
sector). The results form the inaugural CFO/REL Cash Masters
Scorecard. Click Here to Link to Full Text of Article or visit the
following URL:
http://www.cfo.com/article.cfm/10203330/c_10234153?f=magazine_featured
For more information on the research described in this press
coverage, visit: http://www.relconsultancy.com/masters About REL
REL, an Answerthink company (NASDAQ: ANSR), is a world leading
consulting firm dedicated to delivering sustainable cash flow
improvement across business operations. REL�s tailored solutions
generate cash flow for strategic use while balancing client
trade-offs between working capital, operating costs and service
performance. For over 30 years, REL�s expertise has helped clients
in over 60 countries free up billions of dollars/euros/pounds in
cash, creating the financial freedom to fund acquisitions, pension
liabilities, product development, debt reduction and share buy-back
programs. In-depth process expertise, analytical rigor, and
collaborative client relationships enable REL to deliver an
exceptional return on investment in a short period. Through its
affiliation with The Hackett Group, REL leverages Hackett�s
empirical insights into the operations of world-class
organizations. The combined client list of REL and Hackett
represents 73% of the Fortune 100, 77% of the DAX 30 and 51% of the
FTSE 100. More information on�REL is available: by phone at (770)
225-7300; by e-mail at info@relconsultancy.com; or on the Web at
www.relconsultancy.com.
Answerthink (NASDAQ:ANSR)
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Answerthink (NASDAQ:ANSR)
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