Compute Cash Conversion Cycle for Competing Firms Halliburton and Schlumberger compete in the oil field services...

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Compute Cash Conversion Cycle for Competing Firms Halliburton and Schlumberger compete in the oil field services sector. Refer to the following 2018 financial data for the two companies to answer the requirements. $ millions Total revenue Cost of sales and services HAL SLB $24,460 $33,280 21,474 28,943 Average accounts receivable 5,600 8,448 Average inventory 3,177 4,493 Average accounts payable 3,251 10,595 a. Compute the following measures for both companies. 1. AR Turnover and days sales outstanding (DSO) Note: 1. Select the appropriate numerator and denominator used to compute AR turnover from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute AR turnover. Company HAL SLB $ $ Numerator 0 $ 0 $ Denominator AR turnover = 0 Note: 1. Select the appropriate numerator and denominator used to compute DSO from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute DSO. Company Numerator = Denominator DSO HAL SLB 0 0 0 0 2. Inventory Turnover and days inventory outstanding (DIO) Note: 1. Select the appropriate numerator and denominator used to compute inventory turnover from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute inventory turnover Company HAL $ SLB $ Numerator 0 $ 0 $ Denominator Inventory turnover 0 0 Note: 1. Select the appropriate numerator and denominator used to compute DIO from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute DIO. Company Numerator Denominator HAL SLB 0 0 DIO 0 0 3. AP Turnover and days payable outstanding (DPO) Note: 1. Select the appropriate numerator and denominator used to compute AP turnover from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute AP turnover. Company HAL $ SLB $ Numerator 0 $ 0 $ Denominator AP turnover 0 0 Note: 1. Select the appropriate numerator and denominator used to compute DPO from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute DPO. Company Numerator HAL SLB 0 0 Denominator DPO 0 0 4. Cash conversion cycle (CCC) Company HAL DSO DIO DPO 0 0 SLB 0 0 0 Cash Conversion Cycle Question Company b. Which company better manages its accounts receivable? c. Which company uses inventory more efficiently? d. Which company better manages its accounts payable? 0 0 Compute Cash Conversion Cycle for Competing Firms Halliburton and Schlumberger compete in the oil field services sector. Refer to the following 2018 financial data for the two companies to answer the requirements. $ millions Total revenue Cost of sales and services HAL SLB $24,460 $33,280 21,474 28,943 Average accounts receivable 5,600 8,448 Average inventory 3,177 4,493 Average accounts payable 3,251 10,595 a. Compute the following measures for both companies. 1. AR Turnover and days sales outstanding (DSO) Note: 1. Select the appropriate numerator and denominator used to compute AR turnover from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute AR turnover. Company HAL SLB $ $ Numerator 0 $ 0 $ Denominator AR turnover = 0 Note: 1. Select the appropriate numerator and denominator used to compute DSO from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute DSO. Company Numerator = Denominator DSO HAL SLB 0 0 0 0 2. Inventory Turnover and days inventory outstanding (DIO) Note: 1. Select the appropriate numerator and denominator used to compute inventory turnover from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute inventory turnover Company HAL $ SLB $ Numerator 0 $ 0 $ Denominator Inventory turnover 0 0 Note: 1. Select the appropriate numerator and denominator used to compute DIO from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute DIO. Company Numerator Denominator HAL SLB 0 0 DIO 0 0 3. AP Turnover and days payable outstanding (DPO) Note: 1. Select the appropriate numerator and denominator used to compute AP turnover from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute AP turnover. Company HAL $ SLB $ Numerator 0 $ 0 $ Denominator AP turnover 0 0 Note: 1. Select the appropriate numerator and denominator used to compute DPO from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute DPO. Company Numerator HAL SLB 0 0 Denominator DPO 0 0 4. Cash conversion cycle (CCC) Company HAL DSO DIO DPO 0 0 SLB 0 0 0 Cash Conversion Cycle Question Company b. Which company better manages its accounts receivable? c. Which company uses inventory more efficiently? d. Which company better manages its accounts payable? 0 0