Question: Could you please explain this? At CC & co. the cash conversion cycle is negative ( -15 days), while a year ago the CCC was
At CC \& co. the cash conversion cycle is negative ( -15 days), while a year ago the CCC was positive. (+25 days). a. Explain which conclusions CC& co. could draw from this information. What most likely happened in the company? Would they be satisfied with this development? Discuss this with reference to the three elements of the cash conversion cycle. b. Would CC\& co. be worried about the negative cash conversion cycle? Are there possible detrimental consequences of a negative cash conversion cycle for the company? Could there be issues that CC \& co. should monitor/reconsider
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