Suppose a company has $700,000 in inventory and an average of $10,000 per day in sales. It also assumes that it takes 30 days for the average customer to pay their invoice to this company and it takes 120 days for the company to pay for the materials supplied by their suppliers. 

What is the company's average cash-to-cash cycle time?

Answer rating: 100% (QA)

To calculate the companys average cashtocash cycle time we need to consider the time it takes for th... View the full answer