Working Capital Assignment

Go to Yahoo! Finance and collect data for Dollar Tree Inc. (DLTR) and Wal-Mart (WMT) in order to calculate their cash conversion cycles. You will need to click on income statement and balance sheet (on the left hand side) to find: Sales (Revenue), Cost of Revenue (Cost of Goods Sold), Inventory, Accounts Receivable, and Accounts Payable. Be sure to select Annual data for each financial statement and use the most recent years information.

Calculate the cash conversion cycle for both firms.

Which store has the better cash conversion cycle?

What impact would it have on the cash conversion cycle if Wal-Mart decided to offer an in-store credit card and customers on average took 30 days to pay?