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A company has the following information. What is the cash conversion cycle? Days payable outstanding 2 4 days Days inventory outstanding 4 3 days Days

A company has the following information. What is the cash conversion cycle?
Days payable outstanding 24 days
Days inventory outstanding 43 days
Days sales outstanding 26 days
Days cash outstanding 15 days
A company has the following information. What is the cash conversion cycle?
Days payable outstanding 24 days
Days inventory outstanding 43 days
Days sales outstanding 26 days
Days cash outstanding 15 days
21 days
35 days
60 days
45 days

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