small manufacturing companies WORKING CAPITAL CyCLE Debtors Days Available (Days)
Creditors Days Available (Days)
Raw Material Holding Period (Days)
WIP Holding Period (Days)
Finished Goods Holding Period (Days)
2007
2008
2007
2008
2007
2008
2007
2008
2007
2008
65.88
54.01
93.33
75.26
49.13
36.76
4.97
8.39
45.13
27.35
Composite Score
148.1
29.54
30.38
58.75
76.3
39.63
46.64
20.56
30.95
10.81
8.17
149.1
100.65
108.18
72.6
66.96
49.66
51.26
4.96
6.68
31.01
33.41
149.2
167.52
131.65
94.42
84.89
85.41
75.29
36.31
21.23
18.14
22.31
151.0
70.39
86.84
37.54
42.76
89.92
94.23
2.12
1.42
152.1
50.75
106.78
106.24
53.87
52.74
8.21
7.81
35.96
34.11
153.6
79.8
80.45
92
95.08
63.12
65.77
7.92
6.97
60.38
57.38
154.3
134.98
221.74
128.53
177.7
20.9
30.04
27.63
33.44
9.75
16.69
154.8
52.09
64.69
63.76
63.98
20.67
22.92
33.98
28.43
28.5
28.55
154.8
54.53
58.01
52.23
119.27
48.35
52.39
8.24
9.3
11.72
9.08
157.3
120.79
132.8
160.56
113.31
78.37
81.07
127.35
180.61
4.66
5.33
158.4
119.05
117.86
103.25
123.08
108.94
82.5
72.31
26.5
9.96
8.55
160.9
108.44
76.65
29.16
19.35
87.36
69.35
13.98
29.65
34.75
46.44
161.3
120.48
96.18
192.44
150.83
54.16
43.73
32.7
34.94
18.57
19.56
164.2
37.69
34.88
31.19
47.41
22.36
48.67
47.74
83.15
1.7
3.42
168.0
100.59
106.08
101.73
102.65
237.02
253.9
58.52
73.98
10.99
12.79
168.7
234.17
176.87
171.41
110.59
36.63
44
97.29
91.04
30.76
30.12
168.7
175.69
106.3
121.42
92.51
82.62
55.02
36.45
28.12
69.54
31.65
169.8
138.12
76.6
114.48
115.08
163.78
154.04
166.45
158.9
7.85
3.26
171.2
91.17
66.68
307.26
653.73
52.22
65.2
16.97
15.03
14.45
10.22
172.1
79.58
77.46
83.42
109.63
55.51
64.79
21.18
28.05
20.94
29.22
173.0
38.06
35.12
87.63
99.18
89.47
99.03
3.16
4.36
57.41
67.77
179.8
156.41
136.15
255.18
297.89
68.98
64.84
26.95
32.65
13.38
16.3
186.6
54.85
91.75
82.64
130.65
54.98
66.31
18.88
35.6
22.24
21.24
189.7
78.01
78.09
96.32
116.31
109.24
105.51
8.66
9.38
36.19
44.91
191.3
53.33
69.38
60.33
117.78
94.73
54.01
61.25
67.69
58.82
81.08
205.8
38.05
23.63
150.29
66.27
56.6
33.62
54.15
39.99
43.5
40.15
206.8
37.79
36.2
246.05
182.66
41.23
64.52
202.02
265.15
58.28
86.02
216.9
75.96
49.83
63.29
35.99
65.83
19.29
1.84
0.92
0.99
0.68
166.5
26.54
29.76
12.41
11.43
23.62
29.34
0.5
0.65
6.14
6.92
171.3
38.07
42.7
31.15
27.21
15.45
12.04
5.19
4.68
3.38
5.22
177.4
84.3
83.99
60.08
40.88
11.51
16.54
2.35
3.05
4.55
5.75
179.5
74.25
73.89
157.79
145.08
32.58
27.06
6.89
6.82
0.64
0.5
197.0
10.69
7.14
2.19
4.13
5.17
0.58
0.8
1.09
2.37
197.0
77.48
94.9
86.28
9.19
8.2
1.54
1.78
0.65
2.04
204.1
67.91
61.29
34.92
16.92
37.49
12.7
34.48
8.77
6.32
8.46
210.2
80.24
94.95
74.27
69.43
18.62
13.64
9.59
13.49
1.76
4.38
211.4
76.35
39.13
17.03
15.96
11.73
6.25
8.45
2.92
14.04
10.06
213.5
NA
5.39
12.78
2.6
NA
5.23
NA
3.63
NA
2.19
219.2
55.14
50.28
39.9
33.1
12.33
15.35
2.69
1.94
4.81
14.09
224.7
NA
17.16
23.22
16.96
NA
6.52
NA
8.38
NA
8.19
230.8
34.71
35.19
14.02
24.1
16.47
19.17
3.05
4.18
2.08
8.95
234.1
121.65
116.3
20.62
20.4
19.2
19.81
20.66
23.13
7.37
8.39
234.8
9.92
11.01
10.08
13.55
26.56
29.46
1.93
2.17
4.28
3.92
237.4
13.07
30.83
26.44
52.71
6.12
15.88
1.36
3.29
0.66
3.97
242.9
net sales = Total Income – Other Income - extra ordinary income – prior period income – indirect taxes www.industry20.com
source: CMIE Prowess database
industry 2.0
textiles
7.87 73.56
PlAstics
60.16
45.13
& POlyMErs
59.04
- technology management for decision-makers | february 28, 2010
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