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"We would expect improvements in financial technology to reduce cash holdings," the researchers noted.
This can reduce cash balances at the retailer, in turn prompting suppliers to demand even stiffer payment terms.
Management made a firm statement that they will seek to reduce cash capex and investigate returning surplus capital.
Or it could give employees more equity as part of their compensation packages to reduce cash outlays per worker.
Citigroup moved from neutral to sell, saying: Management made a firm statement that they will seek to reduce cash capex and investigate returning surplus capital.
"We demand that you change your compensation policies to align with shareholder interests," he wrote, adding that the company needs to "reduce cash compensation to management dramatically".
Similar(35)
What is centrist about simultaneously reducing cash for the disabled while increasing cash for the wealthy?
At least one REIT — Vornado Realty Trust — has signaled its intention of reducing cash payouts in regular dividends.
Michael J. Salinsky, a vice president of equity research for RBC Capital, said that reducing cash payouts "does provide additional short-term liquidity".
The revision was because of "weaker demand, contract renegotiation, reduced cash flow, geopolitical turmoil and increased resource nationalism," it said.
The revision was owing to "weaker demand, contract renegotiation, reduced cash flow, geopolitical turmoil and increased resource nationalism," it said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com