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Question 4 Based on the following information, show the calculation of cash conversion cycles for Mah Sing Group Berhad and Sime Darby Property Berhad for
Question 4 Based on the following information, show the calculation of cash conversion cycles for Mah Sing Group Berhad and Sime Darby Property Berhad for the year ended 2020. Identify the company that performs poorer and highlight key improvement areas. Mah Sing Group Berhad Sime Darby Property Berhad Cost of revenue RM 1166.70 million RM1771.09 million Inventories RM2278.30 million RM1744.70 million Net sales RM1530.80 million RM2062.78 million Accounts receivable RM502.90 million RM520.28 million Accounts payable RM262.50 million RM948.14 million Total credit RM2414.39 million RM1526.54 million purchases (Total: 25 marks)
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