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For Cash flow improvement what we should do? 1-Increase payment credit days 2-Decrease payment credit days 3-Purchase on cash basis 4-None of all

Accounts Payable
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Question added by Muhammad Fiaz , GROUP MANAGER ACCOUNTS, FINANCE AND TAX , SMPL Group of Companies
Date Posted: 2014/06/19
Upvote (5) Views (9) Followers (9) Answers (4) Report Question
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Arnab Mukhopadhyay
by Arnab Mukhopadhyay , Accountant , East Hooghly Polyplast Pvt.Ltd

Increase payment credit days

SAHL HIJAZI
by SAHL HIJAZI , Purchasing Manager , BINZAFRAH GROUP

Of course: We should increase payment credits days, which will be reflected positively on our sales & contarcts payments

khaled Ibrahim Sayed Abd El Salam Ibrahim
by khaled Ibrahim Sayed Abd El Salam Ibrahim , Chief Accountant , -ElMehy engineering company

Big answr for other ., as every company MUST make (( Forecast cash flow )) to know for sure what its company status to take any call for any operation either keep on going or close it.

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