alios such as DSI and DSO. require a balance between Current Assets and Current Liabilities. Question 35 1P Firm Xhas Days Sales Outstanding (DSO) of 53 days and Days Payables Outstanding of 24 days. Both values are significantly higher than the industry averages. Therefore, Firm X must have a lower cash conversion cycle than the industry average. an operating cycle of 77 days. None of the above a higher cash conversion cycle than the industry average. an operating cycle of 29 days. Submit No new data to save. Last checked at 8:20am