Explain importance of the cash conversion cycle


Purpose of Assignment:

The purpose of this assignment is to help students gain a better understanding of calculations of cash flow and strategies to increase it.

Assignment Steps

Select a multinational company from the following industries:

1. Retail
2. Pharmaceutical
3. Computer Hardware
4. Manufacturing
5. Automotive

Review the selected company's most recent financial statements.

Calculate the following cash conversion cycle ratios based on the financial statements using Microsoft® Excel®:

• Average inventory
• Inventory turnover rate
• Average account receivable
• Account receivable turnover
• Average collection cycle

Explain in 700 words the importance of the cash conversion cycle, including:

• Discuss the purpose of the cash conversion cycle and its components.
• Analyze the results obtained in the cash conversion cycle equations.
• Propose strategies to increase the cash flows of the company under study.

Format your paper consistent with APA guidelines.

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Finance Basics: Explain importance of the cash conversion cycle
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