Blackwell Automotive reported the following information for the 2017/18 financial year:

Assets	$	Liabilities and equity	$
Cash and marketable sec.	23,015	Accounts payable	163,257
Accounts Receivable	141,258	Short-term loan	21,115
Inventories	212,444	Total current liabilities	184,372
Total current assets	387,940
Net sales	912,332
Cost of sales	547,400

Calculate the companys operating cycle and cash conversion cycle.