Can anyone speak to A&M’s Working Capital group? It looks like it’s part of the PEPI service line, but wondering what the day to day looks like, where does most of this group sit geographically, and how much travel do they do? Also, is this a possible exit from big 4 FDD?

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Do they just do NWC antlers all day

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lol no they are looking for opportunities to take cash off the balance sheet. A few examples, if a business has very high DIO relative to its peer group, they explore opportunities to reduce inventory levels either from better demand planning / forecasting, manufacturing processes, SKU rationalization, etc. Another example could be renegotiating customer or vendor terms to collect faster or pay slower. No experience in the space and know very little about A&M, but that’s high level what I know.

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