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What is the company cash conversion cycle

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Reference no: EM132930162

Problem 1: Ivanhoe Automotive management estimates that it takes the company 65 days to collect cash from customers on finished goods from the day it receives raw materials, and it takes 68 days to pay its suppliers. What is the company's cash conversion cycle? (Enter negative answer using negative sign preceding the number, e.g. -45.)

Reference no: EM132930162

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