Why size matters in Singapore's business environment

SINGAPORE (Dec 14): Company size matters when it comes to working capital performance, which, when managed well, could help to improve business performance and revenue growth.

This is according to the Singapore Working Capital Study 2017 jointly conducted by Pricewaterhouse Coopers (PwC) Singapore and SPRING Singapore, which looked at over 1,000 public and private companies across 15 industries in Singapore.

In particular, the study found that very large companies – defined as companies with revenue of more than $500 million – performed the best when managing working capital, with the highest ratio of working capital to sales at only 8%.

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