Underwood Davies, a highly profitable firm, has been experiencing cash shortages due to its high growth rate. You want to determine the firm's cash conversion cycle. Using the following information, what is the firm's present cash conversion cycle?

Average inventory =	$ 90,000
Annual sales =	$480,000
Annual cost of goods sold percentage =	75%
Average accounts receivable =	$65,000
Average accounts payable =	$ 40,000