Question
Jalan-Jalan Sdn Bhd has an average of inventory (AAL) of 49 days, an average collection period (ACP) of 31 days and an average payment period
Jalan-Jalan Sdn Bhd has an average of inventory (AAL) of 49 days, an average collection period (ACP) of 31 days and an average payment period (APP) of 17 days. Calculate:
(1) Operating cycle (OC)
(2) Cash conversion cycle (CCC)
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
