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Financial information for the Hewlett Packard Corporation (HPQ) and General Motors Corporation (GM) are found below : 31-Oct-08 31-Oct-08 $ thousands Hewlett Packard General Motors
Financial information for the Hewlett Packard Corporation (HPQ) and General Motors Corporation (GM) are found below : 31-Oct-08 31-Oct-08 $ thousands Hewlett Packard General Motors Sales 118,364,000 148,979,000 Cost of goods sold 89,592,000 150,603,000 Accounts receivable 29,359,000 7,711,000 Inventories 7,879,000 16,405,000 Accounts payable 32,317,000 24,827,000 Current Assets 51,728,000 41,324,000 Current liabilities 52,939,000 73,934,000 Compute the operating cycle and cash conversion cycle for each of these companies
Financial information for the Hewlett Packard Corporation (HPQ) and General Motors Corporation (GM) are found below :
31-Oct-08
31-Oct-08
$ thousands
Hewlett Packard
General Motors
Sales
118,364,000
148,979,000
Cost of goods sold
89,592,000
150,603,000
Accounts receivable
29,359,000
7,711,000
Inventories
7,879,000
16,405,000
Accounts payable
32,317,000
24,827,000
Current Assets
51,728,000
41,324,000
Current liabilities
52,939,000
73,934,000
Compute the operating cycle and cash conversion cycle for each of these companies
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