Accounts payable, end of year	$	6,683		$	10,628
Accounts receivable, net, end of year		23,965			17,150
Inventory, end of year		8,984			8,295
Net sales		187,000			142,000
Cost of goods sold		96,000			121,000

(1) Use the information above to compute the number of days in the cash conversion cycle for each year. (2) Did the company manage cash more effectively in the current year?