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Working Capital Turnover For Your Construction Business
If your bonding company rejected your application or your bank denied your line of credit, your working capital turnover ratio might be the culprit. This single metric tells lenders, sureties, and investors whether you're efficiently managing your cash or drowning in it. For construction companies operating on razor-thin margins, understanding and optimizing your working capital turnover isn't just good accounting practice. It's the difference between winning that next big j
Aug 7, 20226 min read
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