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wrote...
Posts: 206
A month ago
The cash conversion cycle (CCC) is defined as

▸ Inventory Days + Accounts Receivable Days - Accounts Payable Days.

▸ Inventory Days + Accounts Payable Days - Accounts Receivable Days.

▸ Inventory Days + Accounts Receivable Days + Accounts Payable Days.

▸ Inventory Days - Accounts Receivable Days - Accounts Payable Days.
Textbook 

Fundamentals of Corporate Finance


Edition: 2nd
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Posts: 242
A month ago
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Inventory Days + Accounts Receivable Days - Accounts Payable Days.
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