From the following information extracted from the books of a manufacturing company, compute the operating cycle in days and required working capital :

Period covered 365 days

Average period allowed by suppliers 16 days Rs.

Average debtors outstanding 24000

Raw Material Consumption 255500

Total Production Cost 474500

Total cost of sales 511000

Sales for the year (all credit) 730000

Value of average stock maintained:

Work in progress 18200

Finished Goods 14000

Raw Material 21000

Expected cash balance 20000