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Given the following information: Raw Material stock days 36 days Payable days 54 days WIP of stock days 13 days Finished goods stock days 41
Given the following information:
Raw Material stock days 36 days
Payable days 54 days
WIP of stock days 13 days
Finished goods stock days 41 days
Receivable's days 62 days
Working capital cycle 98 days
Average Working Capital Requirements 300,000
As a finance manager what can you deduce from the above figures?
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