Question: Cash Conversion Cycle ( CCC ) = Days Sales ( DSO ) + Days Inventory ( DIO ) - Days Payable ( DPO ) .

Cash Conversion Cycle (CCC)= Days Sales (DSO)+ Days Inventory (DIO)- Days Payable (DPO).
Selected Items from Apple's Financial Statements shown below. What is Apple's CCC for 2019:?
\table[[\table[[Balance Sheet USD in],[Millions]],Sept. 28,,Sept. 29,],[Current assets:,2019,2018],[Accounts receivable,,,],[Net,$22,926,$23,186
 Cash Conversion Cycle (CCC)= Days Sales (DSO)+ Days Inventory (DIO)- Days

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