J.P. Morgan: Working capital of corporates returns to pre-pandemic levels
After reaching 10-year highs in 2020, the working capital of the S&P 1500 companies returned in 2021 to levels prior to the COVID-19 outbreak, as a recovery in the global economy led to a 20 percent increase in sales across the companies, resulting in a reduction in inventory. This was among the key findings in J.P. Morgan’s 2022 edition of the Working Capital Index report, published recently.
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Posted on Jul 25, 2022 Region: Global
working capital supply chains, J.P. Morgan, S&P 1500, Working Capital Index, COVID-19, Ukraine-Russia conflict