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You are provided with the following information of company XYZ (Pty) Ltd. Sales (all on credit) R586542 COGS / Sales 84% Inventory turnover 14 Accounts

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

Sales (all on credit) R586542
COGS / Sales 84%
Inventory turnover 14
Accounts Receivable R507433
Accounts Payable R328413
Credit purchases R286202

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

1. Inventory Conversion period:

2. Days Sales Outstanding:

3. Payables deferral period:

4. Cash conversion cycle:

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