BBO Consulting

Printing manufacturer in KZN

Challenge faced

  • Significant cash flow challenges due to poor management of stock and debtors
    • Debtors’ days: 33 days
    • Debtors > 90 days: R381k
    • Stock days: 58 days
  • Unpaid rent amounting to R2.3m (15 months in arrears)
  • Monthly management reports completed 4 months after month end



Results

  • Within 6 months:

    • Cash improved by R660k
    • Debtors’ days: reduced to 24 days
    • Debtors > 90 days: R nil
    • Stock days: 35 days
    • Unpaid rent reduced by R500k
    • Monthly management reports completed 10 working days after month end