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The companys payables deferral period is 509 days what is

ABC has $41 million of inventory and $31 million of accounts receivable. Its average daily sales are $790,000 and its gross profit margin is 22 percent. The company's payables deferral period is 50.9 days. What is the length of the firm's cash conversion cycle?

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Finance Basics: The companys payables deferral period is 509 days what is

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