What is cash conversion cycle

Assignment Help Financial Management

Reference no: EM131553785

W&C is examining its cash conversion cycle. The company expects its cost of goods sold, which equal 85% of sales, to equal $770,000 this year. W&C normally turns over inventory 25 times per year, account receivable are turned over 8 per year, and the accounts payable turnover is 40. What is the cash conversion cycle? (Please only enter number. For example, if your answer is 18 days, enter 18)

Reference no: EM131553785

Questions Cloud

Basic elements of the budget : You are a consultant for a business start-up company and your main area of responsibility is coaching new business owners on developing start-up budgets.

Examine your exercise behaviors and habits : Reflect on the knowledge you have gained over the last few weeks and assess four specific fitness-related goals that you have for yourself.

Explain power and compare how it relates to leadership : Create a 15- to 20-slide Microsoft® PowerPoint® presentation, on the interaction and influence among leadership tactics according to the following criteria:

What is the radius of curvature of lower face of the lens : A convex lens is placed on a plane glass surface and illuminated with sodium light of wavelength 589.3 nm. The diameter of the tenth dark ring is found to be 4.

What is cash conversion cycle : W&C is examining its cash conversion cycle. What is the cash conversion cycle?

Evolution of the human resource department : To start off the class, we will discuss the evolution of the Human Resource Department from the Personnel Department of the 1950s

Describe the complaints and analyze possible causes : Describe the complaints and analyze possible causes.How do these complaints relate to the factors which influence flexibility?

What do you feel was your most important learning why : What do you feel was your most important learning? Why? Was there something you didn't agree with? Why / Why not?. Be specific.

What are key groups of stakeholders : What are key groups of stakeholders? Pick two types of stakeholders and describe how you set expectations with each.

User Account

All Pages