A company's cash conversion cycle increased from 55 days in year 1 to 68 days in year

Question:

A company's increased from 55 days in year 1 to 68 days in year 3. What are the implications of this increase? What do you think happens to the cash conver sion cycles of companies during a recession?

Cash Conversion Cycle
Cash conversion cycle measures the total time a business takes to convert its cash on hand to produce, pay its suppliers, sell to its customers and collect cash from its customers. The process starts with purchasing of raw materials from suppliers,...