Zaharah Electronics Sdn. Bhd. is evaluating its cash conversion cycle of eight years, and has estimate each of its components as follows:

[Zaharah Electronics Sdn. Bhd. sedang menilai kitaran penukaran tunainya untuk tempoh lapan tahun, dan telah menganggarkan setiap komponennya seperti berikut:]

Table 4: The Financial Determinants of Zaharah Sdn. Bhd. Cash Conversion Cycle for 2013 to 2020.

[Jadual 4: Penentu Kewangan bagi Kitaran Penukaran Tunai Zaharah Sdn. Bhd. untuk 2013 hingga 2020.]

Financial Determinants	Years
	2013	2014	2015	2016	2017	2018	2019	2020
Day of sales turnover (DSO)	49.64 days	38.69 days	33.14 days	26.57 days	26.66 days	32.01 days	32.74 days	35.59 days
Days of sales of inventory (DSI)	7.10 days	7.17 days	5.79 days	3.99 days	9.22 days	7.75 days	4.20 days	4.65 days
Days of payable outstanding (DPO)	62.34 days	64.92 days	62.07 days	72.87 days	75.79 days	79.41 days	81.46 days	79.41 days
Cash conversion cycle (CC)	S	T	U	V	W	X	Y	Z

(a) Based on the data in Table 4 above, estimate the value of cash conversion cycle for each year and complete the blue-coloured space of; S, T, U, V, W, X, Y and Z above. [Berdasarkan data dalam Jadual 4 di atas, anggarkan nilai kitaran penukaran tunai bagi setiap tahun dan lengkapkan ruang berwarna biru; S, T, U, V, W, X, Y dan Z di atas.]

(b) Based on the values of in (a) above, develop a graph of cash conversion cycle for the firm throughout the years.

[Berdasarkan nilai dalam (a) di atas, bangunkan graf kitaran penukaran tunai untuk firma sepanjang tahun tersebut.]

(c) Based on the sketched graph in (b) above, explain on the trend of the firms cash conversion cycle during 2013 to 2020.

(d) Based on the trend of the firms cash conversion cycle in (c) above, conclude whether the firm is better managing its net working capital or not, and give a proper justification to support the conclusion.