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Given the following information for Q1 and Q2 and Import Co, LLC, determine of it's quarterly cash conversion cycle is improving? Do you see any

Given the following information for Q1 and Q2 and Import Co, LLC, determine of it's quarterly cash conversion cycle is improving? Do you see any concerns, please explain why or why not? Two way to do the quarterly CCC, use 90 day cycle.

Q1 Q2
Sales $3,825,000 Sales $3,850,000
COGS $2,150,000 COGS $2,300,000
Avg Inv $745,000 Avg Inv $690,000
Avg AR $920,000 AR $950,000
AP $875,000 AP $925,000

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