Question: Based on the following information, determine the venture's cash conversion cycle: Inventory-to-sale conversion period = 112.9 days; Sale-to-cash conversion period=57.1 days; and Purchase-to-payment conversion period

 Based on the following information, determine the venture's cash conversion cycle:

Based on the following information, determine the venture's cash conversion cycle: Inventory-to-sale conversion period = 112.9 days; Sale-to-cash conversion period=57.1 days; and Purchase-to-payment conversion period = 76.8 days

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!