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