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What do the turnover ratios and cash cycle indicate about this company? Company Industry Receivables Turnover (Days) 15 13 Inventory Turnover (Days) 18 21 Cost

What do the turnover ratios and cash cycle indicate about this company?

Company

Industry

Receivables Turnover (Days)

15

13

Inventory Turnover (Days)

18

21

Cost of Goods Sold (COGS) or Cost of Revenue in $

51445

46488

Accounts Payable (AP) in $

1281

2402

Payables Turnover (Pay TO) = COGS / AP

40.16

19.35

Days Payables (DP) = 365 / Pay TO

9.08

18.86

Cash Cycle = 1 + 2 - 6

23.91

15.14

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Previous Question Next Question

	Company	Industry
Receivables Turnover (Days)	15	13
Inventory Turnover (Days)	18	21
Cost of Goods Sold (COGS) or Cost of Revenue in $	51445	46488
Accounts Payable (AP) in $	1281	2402
Payables Turnover (Pay TO) = COGS / AP	40.16	19.35
Days Payables (DP) = 365 / Pay TO	9.08	18.86
Cash Cycle = 1 + 2 - 6	23.91	15.14