Reference no: EM132604581

The following figures are extracted from the recent financial statements of a manufacturer called Technograph. The company produces custom-use monitors and has a large amount of working capital due to many purchases of electronic materials from suppliers, inventory of finished goods and work-in-process. However, due to recent hikes in loan rates the cost of financing has gone up and the management is not happy with the large amount of cash that is being tied up in the firm.

Management first wants to know how long cash is tied up in the operations, from the time it is spent on raw materials to the time it is recovered through sales.

All numbers are in thousands of dollars.

Starting inventory 10192

Ending inventory 1227

Starting Accounts Receivable 7946

Ending Accounts Receivable 6997

Starting Accounts Payable 4441

Ending Accounts Payable 5271

COGS 117237 Sales 139601

Question 1: What is the Days of Inventory Outstanding?

Round your answers to the nearest integer.

Question 2: What is the Days of Payables Outstanding?

Question 3: What is the Days of Sales Outstanding?

Question 4: What is the cash to cash cycle (cash conversion cycle) for the company?