Question: Computing Cash Conversion Cycle for Two Years Winnebago Industries has the following metrics for 2015 and 2014. Amounts in days 2015 2014 Days sales outstanding

Computing Cash Conversion Cycle for Two Years Winnebago Industries has the following metrics for 2015 and 2014.

Amounts in days 2015 2014
Days sales outstanding 26.6 20.2
Days inventory outstanding 48.2 50.0
Days payable outstanding 13.9 13.3

Compute the cash conversion cycle for both years.

Round answers to one decimal place.

Cash conversion cycle

2015: ____ Days

2014: ____ 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!

Q:

AutoZone and O'Reilly are two competitors in the retail automotive parts industry. AutoZone O'Reilly Average 2015 Inventory $3,280,868 $2,592,902 2015 Sales 10,187,340 7,966,674 2015 Cost of goods...

Q:

Computing Cash Conversion Cycle for Two Years Winnebago Industries has the following metrics for 2015 and 2014. Amounts in days Days sales outstanding 2015 2014 26.3 19.9 Days inventory outstanding...

Q:

QUESTION 2 Marked out of 2.00 Not complete Flag question Computing Cash Conversion Cycle for Two Years Winnebago Industries has the following metrics for 2015 and 2014 Amounts in days 2015 2014 Days...

Q:

Computing Cash Conversion Cycle for Two Years Winnebago Industries has the following metrics for 2015 and 2014 Amounts in days 2015 2014 Days sales outstanding 25.9 19.5 Days inventory outstanding...

Q:

Computing Cash Conversion Cycle for Two Years Winnebago Industries has the following metrics for 2015 and 2014. Amounts in days 2015 2014 Days sales outstanding 26.3 19.9 Days inventory outstanding...

Q:

Computing Cash Conversion Cycle for Two Years Winnebago Industries has the following metrics for 2015 and 2014. Amounts in days 2015 2014 Days sales outstanding 25.7 19.3 Days inventory outstanding...

Q:

Computing Cash Conversion Cycle for Two Years Winnebago Industries has the following metrics for 2015 and 2014. Amounts in days 2015 2014 Days sales outstanding . . . . . . . . . . . . . . . . . . ....

Q:

Computing Cash Conversion Cycle for Two Years Winnebago Industries has the following metrics for 2 0 1 5 and 2 0 1 4 . Compute the cash conversion cycle for both years. Round answers to one decimal...

Q:

2016 2017 2018 Revenue 2,169,461 1,615,519 1,511,983 Account receivables, net 477,825 406,019 414,209 Allowance for doubtful debt Beginning balance 1,825 282 9,229 Increases 339 30,551 56 Write offs...

Q:

please respond to my answer. M6-19: Computing Cash Conversion Cycle for Two Years. Winnebago Industries has the following metrics for 2018 and 2017: Amount in days 2018 2017 Days sales outstanding...

Q:

What was the role of the manager in the factory-type firm? What does the manager do in the firms that require cooperation from large numbers of diverse people?

Q:

Direct Materials, Direct Labor, and Overhead Variances, Journal Entries Rand Company produces dry fertilizer. At the beginning of the year, Rand had the following standard cost sheet: Direct...

Q:

Reinforcement Learning Implement the policy iteration algorithm. Briefly describe in one or two paragraphs for the difference between policy iteration and value iteration, and why one should be...

Q:

what are the factors that shape your organization external competitiveness to recruit and retain employees

Q:

3. Identify the methods used within each of the three approaches.

Q:

2. Describe three approaches to the study of intercultural communication.

Q:

3. How have the worldviews of researchers influenced how they studied intercultural communication?