The teetotaling corporation: its preferred liquid is cash.Dramatic efforts have been undertaken in the past few years to fortify for·ti·fy v. for·ti·fied, for·ti·fy·ing, for·ti·fies v.tr. To make strong, as: a. To strengthen and secure (a position) with fortifications. b. To reinforce by adding material. balance sheets from unprofitable, financially-inflated acquisitions and overly ambitious capital investments. Companies are seeking to put cash on the books whether through asset disposals, debt reduction or, more commonly, through improved DSO See CSO. by F & A outsourcing providers. Investors state it's an indication that companies can't increase sales and profit as quickly as they have in the past. Average annual sales gains have decreased, new initiatives have failed to compensate for slowing sales, and companies don't want to keep buying stuff and losing money on it. [ILLUSTRATION OMITTED] Further, make no mistake, dividend-paying stocks are back in vogue, for those like Microsoft, when cash is successfully hoarded new opportunities such as share buybacks, dividend payouts and better leverage for acquisitions and new capital investments create renewed interest in stock activity by investors. So what's the general corporate cash collective on best efforts to "stash stash Drug slang noun A place where illicit drugs are hidden the cash"? Contact: abarryrand@equitant eq·ui·tant adj. Overlapping at the base to form a flat, fanlike arrangement in two ranks, as the leaves of some irises. [Latin equit .com Welcome to my column "Manage your Assets," a series of business topics in which senior executives, analysts and consultants share their best advice on the subject. Readers can continue the dialogue on their own by contacting the contributors directly. I encourage reader response and participation. Please contact me directly at abarryrand@equitant.com (photo may be required if chosen). A Fortune 500 CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. with broad executive management experience, A. Barry Rand has a proven record of accelerating high-growth businesses to success and market leadership. He is currently Chairman and CEO of Equitant, the innovator and premier provider of fully integrated Order-to-Cash (O2C O2C Order-To-Cash O2C Object to See [TM]) Outsourcing for Global 1000 corporations. |
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