Assume that Wood&Design is a manufacturing company and produces modern furnitures. It purchases raw materials on credit and suppliers for raw material provides 15 days credit to the company to pay its payables. The raw materials remain in store for 10 days before issue to production. Production process is completed less than one day. Finished goods stay in the warehouse for approximately 7 days. The customers are given 30 days to pay their bills to the company.

Calculate the cash conversion cycle.