Compute Cash Conversion Cycle for Competing Firms Halliburton and Schlumberger compete in the oil field services sector. Refer to the following 2018 financial data for the two companies to answer the requirements. $ millions Total revenue Cost of sales and services Average accounts receivable Average inventory Average accounts payable HAL SLB a. Compute the following measures for both companies. 1. AR Turnover and days sales outstanding (DSO) Note: 1. Select the appropriate numerator and denominator used to compute AR turnover from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute AR turnover. Company Numerator AR turnover $ HAL HAL SLB $24,360 $33,180 21,374 28,843 5,500 8,348 4,393 3,077 3,151 10,495 $ Numerator Denominator + Total Revenue $. $ Note: 1. Select the appropriate numerator and denominator used to compute DSO from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute DSO. Company DSO = Denominator AR turnover

Compute Cath Conversion Cytle for Competing Firms B Module 4 Homework Durnowet 4. Cash conversion cycle (CCC)