Working Capital Report 2026

Jason Ireland and Sean Wiles of McGrathNicol report that working capital performance deteriorated across Australian ASX-listed companies in 2026, with average Days Working Capital increasing by 1.9 days to 47.3 days and an additional $5.5 billion tied up in operations, as slower customer collections, elevated inventories and mounting cost pressures strained liquidity across nine of 13 sectors, particularly agriculture, food and beverages and construction.

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