days Using the partially completed chart below, in 2016 the Operating Cycle was and the Cash Conversion Cycle (CCC) was days. Firm Industry 2016 2017 132.2 127.9 12.4 36.6 99 12 45 DIH DSO DPO Operating Cycle Cash Conversion Cycle 32.2 111 66 140,3; 103.7 152.1; 140.3 O 177; 103.7 Onone of the above