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Category > Management Posted 29 Mar 2018 My Price 3.00

Payables Period BlueSky

Payables Period BlueSky lengthened its payables period to “control costs and optimize cash flow.” Exactly what is the cash benefit to BlueSky from this change?

Last month, BlueSky Airline announced that it would stretch out its bill payments to 45 days from 30 days. The reason given was that the company wanted to “control costs and optimize cash flow.” The increased payables period will be in effect for all of the company’s 4,000 suppliers.

 

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Status NEW Posted 29 Mar 2018 01:03 PM My Price 3.00

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