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Archer-Daniels Midland has an average inventory holding period of 63.62 days and the average payment period for the firms accounts payable is 25.04 days. The

Archer-Daniels Midland has an average inventory holding period of 63.62 days and the average payment period for the firms accounts payable is 25.04 days. The firm's average time between selling a product and collecting cash for the sale is 19.66 days. What is the cash conversion cycle for Archer daniels Midland?

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