- Create a diagram that illustrates the Cash Conversion Cycle. Denote the following: Receivables Conversion Period, Purchase of Resources, Payment for Resources, Operating Cycle, Cash Conversion Cycle, Inventory Conversion Period, Payables Deferral Period, Sale of Product on Credit, and Collection of Cash. - Create a diagram that illustrates the Cash Conversion Cycle. Denote the following: Receivables Conversion Period, Purchase of Resources, Payment for Resources, Operating Cycle, Cash Conversion Cycle, Inventory Conversion Period, Payables Deferral Period, Sale of Product on Credit, and Collection of Cash