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What is libscomb cash cycle

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Question - Libscomb Technologies' annual sales are $5,474,941 and all sales are made on credit, it purchases $3,496,509 of materials each year (and this is its cost of goods sold). Libscomb also has $546,441 of inventory, $485,834 of accounts receivable, and beginning and ending of year $442,166 and $483,633 accounts payables (respectively). Assume a 365 day year. What is Libscomb's Cash Cycle (in days)?

Reference no: EM133076958

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