You are provided with the following information of company XYZ (Pty) Ltd. ...
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Accounting
You are provided with the following information of company XYZ (Pty) Ltd.
| Sales (all on credit) | R586542 |
| COGS / Sales | 84% |
| Inventory turnover | 14 |
| Accounts Receivable | R507433 |
| Accounts Payable | R328413 |
| Credit purchases | R286202 |
Calculate the cash conversion cycle in days. (Hint: any part of a day constitutes 1 full day)
1. Inventory Conversion period:
2. Days Sales Outstanding:
3. Payables deferral period:
4. Cash conversion cycle:
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