1. Choose a publicly traded company to research. Walmart
2. Visit http://Morningstar.com/ Enter the company name in the search box.

3. Use the Unit 5 Discussion table below

Unit 5 Discussion Table
	Last year
Days Sales Outstanding (A/R period)
Days Inventory (Inventory Period)
Payables Period (A/P period)

4. Click the Operating Performance tab and record the following information for last year in the Unit 5 Discussion table below.
5. Using this information, compute the Cash Cycle for this company. Here is the formula:

Cash Cycle = Days Sales Outstanding + Days Inventory Payables Period

In your original post, address the following:

• What is the length of this companys cash cycle? (Show us your work!)
• What information does this give you about the companys need for cash?
• Do you feel that this company must seek out short-term financing? Please explain your response.
• Discuss whether Martin and Samantha should be concerned about their companys cash cycle of 73 days.