CFA Practice Question
A firm has:
Days sales outstanding = 25
Days payable outstanding = 15
Days inventory outstanding = 30
Days sales outstanding = 25
Days payable outstanding = 15
The length of the Cash Conversion Cycle is:
A. 20
B. 40
C. 70
Explanation: CCC Days inventory outstanding + Days sales outstanding - Days payable outstanding
User Contributed Comments 0
You need to log in first to add your comment.