The cash conversion cycle is an important tool for the financial manager in managing day-to-day operations of the firm. As an investor, knowing how the firm manages its CCC would provide useful insights about management's effectiveness in managing the firm's resource investment in the CCC.
Access Microsoft's annual statement at https://www.microsoft.com, and calculate Microsoft's CCC.
Discuss any difficulties you had in obtaining adequately detailed data from Microsoft's Web site for use in calculating its CCC. Evaluate Microsoft's CCC in light of your calculations.