Calculate the cash conversion cycles for wow

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Reference no: EM132771819

Consider the following table that contains selected financial data for Woolworths (WOW) for financial year 2018.

Net Sales 59,96

Cost of Sales. 540,256.

Accounts Receivable. 420

Invent. 4,233.

Accounts Payable 5,316.

Curr. 7,181. Ass. 9,196

Using the data contained in the table,

Problem (a) calculate the cash conversion cycles for WOW in 2018 (Show all your calculations).

Problem (b) Please interpret WOW CCC in 2018.

Reference no: EM132771819

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