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In fiscal 2010 and 2011 Caterpillars financial statements included the following items. What was Caterpillars cash conversion cycle? $ millions 2010 2011 Inventory $9,587 $14,544
In fiscal 2010 and 2011 Caterpillars financial statements included the following items. What was Caterpillars cash conversion cycle?
| $ millions | ||
| 2010 | 2011 | |
| Inventory | $9,587 | $14,544 |
| Receivables | 16,899 | 18,149 |
| Payables | 5,856 | 8,161 |
| Credit Sales | 42,588 | 60,138 |
| Cost of goods sold | 28,799 | 40,831 |
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Personal Finance An Integrated Planning Approach
Authors: Ralph R Frasca
8th edition
136063039, 978-0136063032
