Define inventory conversion period, average collection period, and payables deferral period. Explain how these are used to

Question:

Define inventory conversion period, average collection period, and payables deferral period. Explain how these are used to form a .

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,...