Problem
In 2015 Super Mega Storm, Inc. has $9,398,310 in credit sales, $417,237, in Accounts Receivable, $293,799 in Accounts Payable, and $645,505 in credit sales in Inventories. Cost of Goods Sold that year was $2,408,887 = 0.6*9,398,310. Use 365-days a year.
Using a 365-day year, calculate cash conversion cycle.