What is the companys cash conversion


An analyst gathered the following information:

Net sales = $775,000 ($370,000 of cash sales)

Accounts receivable = $121,500

Number of days of inventory = 115.2

Pu rchases = $112,450

Accounts payables = $31,230

What is the company's cash conversion cycle?

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Finance Basics: What is the companys cash conversion
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