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Calculate the operating and cash cycle for xyz company

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Reference no: EM132981044

Question - The following financial information relates to XYZ Company:

Inventory turnover: 5 times

Accounts receivable turnover = 6 times

Accounts payable turnover = 4 times

XYZ gives its customers a credit period of 60 days.

XYZ's suppliers offer a credit period of 90 days.

For simplicity, we assume that the year consists of 360 days.

(i) Calculate the operating and cash cycle for XYZ Company.

(ii) Evaluate the implications of the cash cycle for XYZ's working capital management.

Reference no: EM132981044

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