As the historic year of 2020 draws to a close, the COVID-19 crisis has seen the global economy plunge into a deep recession, with only a glimpse of hope that the worst is now over. While COVID-19 continues to infect millions across the globe, we wanted to understand how the virus has impacted the lifeblood of every company – the working capital. How have companies reacted to rapid shifts or elimination of consumer demand? What did companies do to avoid bleeding out cash?
