Calculate the cash conversion cycles for WOW

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Reference no: EM132796963

Question - 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,

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

(b) Please interpret WOW CCC in 2018.

Reference no: EM132796963

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