FastChips Semiconductors has inventory days of 80, accounts receivable days of 60, and accounts payable days of

Question:

FastChips Semiconductors has inventory days of 80, accounts receivable days of 60, and accounts payable days of 120. What is its cash conversion cycle?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamentals Of Corporate Finance

ISBN: 9781292437156

5th Global Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

Question Posted: