Driving Growth: Working Capital for the Automotive Industry
Fill out the form below to gain access to your copy of our whitepaper on working capital for aftermarket automotive suppliers, where Raistone CFO details how the aftermarket auto parts business has historically been one of the worst for delayed payments in the U.S. economy and how Raistone’s solutions can help.
The latest data from Raistone reveals that since 2012, the average days sales outstanding for suppliers in the aftermarket auto parts space have grown by 37 days to 276 days. One leading aftermarket retailer saw their average days payable outstanding (DPO) increase by more than 30 days between 2017 and 2020. This crunch creates a working capital gap that is expensive or even untenable for aftermarket suppliers to resolve.
Fill out this form, and you will receive access to your copy of our Driving Growth whitepaper to learn how Raistone can help to free up the supplier’s cash from its balance sheet.
