Determine the cash conversion cycle based on the following information: inventory-to-sale conversion period = 112.9 days; sale-to-cash conversion period = 57.1 days; and purchase-to-payment conversion period = 76.8 days.
A) 93.2 days
B) 132.6 days
C) 170.0 days
D) 246.8 days
E) 365.0 days

Question

Quizplus · Accepted Answer

The Answer of Determine the cash conversion cycle based on the following information: inventory-to-sale conversion period = 112.9 days; sale-to-cash conversion period = 57.1 days; and purchase-to-payment conversion period = 76.8 days.
A) 93.2 days
B) 132.6 days
C) 170.0 days
D) 246.8 days
E) 365.0 days

Determine the Cash Conversion Cycle Based on the Following Information