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What is the annual benefit of savings in dollars

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Reference no: EM133074213

Compare Genzyme's CCC to that of Quest Diagnostics. Suppose that Genzyme's annual sales is $42,147 million and its cost of capital is 8%, if Genzyme's CCC drops to the level of Quests's, how much savings will Genzyme generate in net working capital, and what is the annual benefit of this savings in dollars? 

Ratio

Genzyme

Quest Diagnostics

Days Sales Outstanding

60.5

41.6

Days Inventory Outstanding

29.7

18.4

Days Payable Outstanding

20.9

21.8

Cash Conversion Cycle (CCC)

69.3

38.2

Reference no: EM133074213

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