An analyst has recently been hired to improve the performance of SL Energy Corporation, which has been experiencing a severe cash shortage. As one part of your analysis, the analyst wants to determine the firm’s cash conversion cycle. Using the following information and a 365-day year: Current inventory = $160,000; Annual sales = $1,095,000; Accounts receivable = $180,000; Accounts payable = $36,000; Total annual purchases = $730,000. Calculate the firm’s inventory conversion cycle.
18 days
70 days
75 days
80 days
Based on information from Question 46, Calculate the firm’s receivables collection period.
60 days
90 days
Based on information from Question 46, Calculate the firm’s payables deferral period.
36 days
Based on information from Question 46~48, Calculate the firm’s cash conversion cycle (CCC).
122 days
129 days
147 days
128 days
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