Xerta Corp just reported sales of 452 mil. Euro and COGS of 345 mil. Euro. The companys COGS consist in 31% fixed costs and 43% variable costs. As per Companys balance sheet the receivables are 46 mil. Euro, inventories are 31 mil. Euro and accounts payables are 51 mil. Euro. What is the level of cash conversion cycle for this company? We consider 1 year = 360 days.

The result will be expressed rounded with two decimals (eg: 44.45)