In the current financial environment: In at least 300 words and at least one online source describe :1) Describe the importance of the cash/flow conversion cycle. 2) Compare and contrast various current asset management techniques. 3) Compare and contrast the various methods of short-term financing.
Cash Conversion Cycle is a metric that shows the length of time in days it takes a company to convert resource inputs into actual cash flows. It measures the amount of time each net input dollar is tied up in the production and sales process.