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You are provided with the following information of company XYZ (Pty) Ltd. Sales (all on credit)R653026COGS / Sales87%Inventory turnover13Accounts ReceivableR597390Accounts PayableR298956Credit purchasesR265243 Calculate the cash

You are provided with the following information of company XYZ (Pty) Ltd.

Sales (all on credit)R653026COGS / Sales87%Inventory turnover13Accounts ReceivableR597390Accounts PayableR298956Credit purchasesR265243

Calculate the cash conversion cycle in days. (Hint: any part of a day constitutes 1 full day)

1. Inventory Conversion period:

Blank 1. Calculate the answer by read surrounding text.

days

2. Days Sales Outstanding:

Blank 2. Calculate the answer by read surrounding text.

days

3. Payables deferral period:

Blank 3. Calculate the answer by read surrounding text.

days

4. Cash conversion cycle:

Blank 4. Calculate the answer by read surrounding text.

days

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