always followed a policy of making cash payments for invoices as soon as they are received, so the accounts payable deferral period is typically only 13 days. a. What are Carraway's operating and cash conversion cycles? b. If Carraway were to decide to take full advantage of its credit terms and delay payment until the last possible date, how would this impact their cash conversion cycle? c. What would be your recommendation to the company with regard to its working capital management practices and why? a. Carraway's operating cycle is days. (Round to the nearest whole number.)