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laywatdut laywatdut
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9 months ago
Generally, the longer the normal inventory holding period of customers, the longer the credit period. One effect of lengthening the credit period to match the customer's merchandise holding period is to increase the payables deferral period, which shortens the customer's cash conversion cycle.


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Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
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crazyali16crazyali16
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9 months ago
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laywatdut Author
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9 months ago
Thanks
Jadakiss
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Yesterday
Good timing, thanks!
rene_ram97
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2 hours ago
Thanks
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