Aviva Technologys operating cycle is 81 days. Its inventory was $134,000 at the end of last year,

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Aviva Technology’s operating cycle is 81 days. Its inventory was $134,000 at the end of last year, and the company had a $1.1 million cost of goods sold. How long does it take Aviva to collect its receivables on average?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 12, 2012 01:11 AM

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Aviva Technologys operating cycle is 81 days. Its inventory was $134,000 at the end of last year,

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Fundamentals of corporate finance

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