Dog Heaven produces a variety of pet foods and other specialty items for domesticated animals.

Costs of Goods sold for the year was $30 million.

The average inventory was $5 million.

Receivables were about $3 million, while yearly sales were $40 million.

Payables and Accruals averaged $2 million.

Determine the Cash Conversion Cycle.

As a financial manager, do you want a short or long cycle? Explain.