Question
The following information is given for HAL and SLB. Calculate the cash conversion cycle (CCC) for both the companies: $ millions Total revenue Cost
The following information is given for HAL and SLB. Calculate the cash conversion cycle (CCC) for both the companies: $ millions Total revenue Cost of sales and services Average accounts receivable Average inventory Average accounts payable O SLB 76.8 days and HAL 10.6 days HAL 76.8 days and SLB 10.6 days OHAL 173.6 days and SLB 268.2 days HAL 173.6 days and SLB 76.8 days HAL $23,995 21,009 5,135 2,712 2,786 SLB $32,815 28,478 7,983 4,028 10,130
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Fundamental Financial Accounting Concepts
Authors: Thomas Edmonds, Christopher Edmonds
9th edition
9781259296802, 9781259296758, 78025907, 1259296806, 9781259296765, 978-0078025907
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