Question: Computing Cash Conversion Cycle for Two Years Winnebago Industries has the following metrics for 2015 and 2014. Amounts in days 2015 2014 Days sales outstanding

Computing Cash Conversion Cycle for Two Years Winnebago Industries has the following metrics for 2015 and 2014.

Amounts in days 2015 2014 Days sales outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25.5 19.1 Days inventory outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47.1 48.9 Days payable outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13.9 13.3 Compute the cash conversion cycle for both years. What accounts for the change between the years?

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