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    Cash conversion cycle

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    Northern Manufacturing Company found that during the last year, it took 47 days to pay off its suppliers, while it took 63 days to collect its receivables. The companyâ??s daysâ?? sales in inventory was 49 days. What is Northernâ??s cash conversion cycle?

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    https://brainmass.com/economics/finance/cash-conversion-cycle-388907

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    Cash conversion cycle

    Northern Manufacturing Company found that during the last year, it took 47 days to pay off its ...

    Solution Summary

    Cash conversion cycle is clearly articulated.

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