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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

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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 HAL $ millions SLB Total revenue $23,995 $32,815 Cast of sales and services 21,009 28.478 Average accounts receivable 5,135 7,983 Average inventory 2.712 4,028 Average accounts payable 2,786 10,130 Compute the following measures for both companies. Note: Round your final answers to one decimal place (for example, enter 6.8 for 6.77555). HAL SLB 0 0 0 0 1. Days sales outstanding ID50) 2. Days inventory outstanding IDIO) 3. Days payables outstanding (DPO) 4. Cash conversion cycle ICCO 0 D O D 6. Which company better manages its accounts receivable? Which company uses inventory more efficiently? d. Which company better manages its accounts payable

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