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? FTI Consulting has analysed the annual reports of the 316 largest ASX listed companies that have reported their FY20 results.
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