Cash conversion cycle-accounts receivable collection

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A company has inventory days of 75, accounts receivable days of 30, and accounts payable days of 90. What is the cash conversion cycle?

A company has sales of $60 million this year. Its accounts receivable balance averaged $2 million. How long on average does it take the firm to collect on its sales?

Reference no: EM1349245

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Cash conversion cycle-accounts receivable collection : A company has inventory days of 75, accounts receivable days of 30, and accounts payable days of 90. What is the cash conversion cycle?

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