What is hollingsworth inventory conversion period

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Hollingsworth Candy Products has an inventory turnover of six times per year, a receivables turnover of 10 times, and a payables turnover of 12 times. What is Hollingsworth’s inventory conversion period, the receivables collection period, and its payables deferral period? What is its cash conversion cycle? Explain what this means to managers and why is this important? Show work

Reference no: EM131346439

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