Question
Question : A company has average inventory of $10 million and COGS of $15 million. Its average accounts receivable is $1 million and it had
Question : A company has average inventory of $10 million and COGS of $15 million. Its average accounts receivable is $1 million and it had $3 million in credit sales. Its average accounts payable is $1.5 million and it had $10 million in purchases. What is its Cash Conversion Cycle (CCC)?
| Inventory Conversion Period | ?? | ||
| Receivables Conversion Period | ?? | ||
| Payables Conversion Period | ?? | ||
| Cash Conversion Cycle | ?? | ||
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Digital Business And Electronic Commerce
Authors: Bernd W Wirtz
1st Edition
3030634817, 9783030634810
