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Devon Automotive management estimates that it takes the company 70 days to collect cash from customers on finished goods from the day it receives raw
Devon Automotive management estimates that it takes the company 70 days to collect cash from customers on finished goods from the day it receives raw materials, and it takes 67 days to pay its suppliers. What is the company's cash conversion cycle? Round your answer to a whole number. Trend Foods distributes its products to more than 100 restaurants and delis. The company's collection period is 39 days, and it keeps its inventory for 11 days. What is Trend's operating cycle? Round answer to a whole number
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