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Basic Question 1 of 6
Which of the following is another term for the net trade cycle?
B. Inventory cycle
C. Sales cycle
A. Cash conversion cycle
B. Inventory cycle
C. Sales cycle
User Contributed Comments 1
| User | Comment |
|---|---|
| azramirza | CCC(NTC)=(Days sales O/S)+(Days of Inventory on hand)-No of days payable |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.

Andrea Schildbach
Learning Outcome Statements
calculate and interpret activity, liquidity, solvency, and profitability ratios
describe relationships among ratios and evaluate a company using ratio analysis
CFA® 2026 Level I Curriculum, Volume 3, Module 11.