Castillo Products Company improved its operations from a net loss in 2012 to a net profit in 2013 While the founders, Cindy and Rob Castillo, are happy about these developments, they are concerned with trying to understand how long the firm takes to complete its cash conversion cycle in 2013 Use the following financial statements to make your calculations Balance sheet items should reflect the averages of the 2012 and 2013 accounts A Calculate the inventory to sale conversion period for 2013 B Calculate the sale to cash conversion period for 2013 C Calculate the purchase to payment conversion period for 2013 D Determine the length of the Castillo Product 's cash conversion cycle for 2013

Question: Castillo Products Company improved its operations from a net loss in 2012 to a net profit in 2013. While the founders, Cindy and Rob Castillo,

Castillo Products Company improved its operations from a net loss in 2012 to a net profit in 2013. While the founders, Cindy and Rob Castillo, are happy about these developments, they are concerned with trying to understand how long the firm takes to complete its in 2013. Use the following to make your calculations. items should reflect the averages of the 2012 and 2013 accounts.
A. Calculate the inventory-to-sale conversion period for 2013.
B. Calculate the sale-to-cash conversion period for 2013.
C. Calculate the purchase-to-payment conversion period for 2013.
D. Determine the length of the Castillo Product's for 2013.

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