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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. $ millions HAL SLB Total revenue Cost of sales and services Average accounts receivable Average inventory Average accounts payable $23,995 $32,815 21,009 28,478 5,135 7,983 2,712 4,028 2,786 10,130 a. 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 80.5 X 91.5 x 48.6 x 53.2 x 1. Days sales outstanding (DSO) 2. Days inventory outstanding (DIO) 3. Days payables outstanding (DPO) 4. Cash conversion cycle (CCC) 49.9 X 133.8 X 79.2 x 10.9 X

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