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Apple 2019 Inventory conversion period=9.26 days 2019 Accounts receivable conversion period= 32.16 days 2019 Account payable conversion period= 104.31 days 2019 cash conversion cycle=9.26 +

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Apple 2019 Inventory conversion period=9.26 days 2019 Accounts receivable conversion period= 32.16 days 2019 Account payable conversion period= 104.31 days 2019 cash conversion cycle=9.26 + 32.16 - 104.31 = -62.89 days 2020 Inventory conversion period=8.74 days 2020 Accounts receivable conversion period=21.43 days 2020 Account payable conversion period= 91.05 days 2020 cash conversion cycle=8.74 +21.43 - 91.05 = -60.88 days 2021 Inventory conversion period=11.28 days 2021 Accounts receivable conversion period=26.22 days 2021 Account payable conversion period=93.85 days 2021 cash conversion cycle= 11.28 +26.22 - 93.85 --56.36 days Question- A) Provide an analysis of the cash conversion trends that are present B) Based on the data of the cash conversion cycle for the past 3 years of the company, What conclusions can be drawn? Please list a few conclusions and explain them. When you write the conclusions, please explain what each conclusion means in depth

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