Question: Calculate Inventory Conversion Period, Recelvables Conversion P riod , the Payment Con. version Period, and the Operating Cycle for Innovation Inc. given the following information.

Calculate Inventory Conversion Period, Recelvables Conversion Priod, the Payment Con. version Period, and the Operating Cycle for Innovation Inc. given the following information. Use 365 to get an average:
Inventory =$5,600
COGS =$3,600
AR=$3,200
Revenues =$4,500
Purchases =$3,250
AP=$2,100
Calculate the Cash Conversion Cycle for the above data from Innovation Inc. and graph on a timeline.
 Calculate Inventory Conversion Period, Recelvables Conversion Priod, the Payment Con. version

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!