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Financial Reporting & Analysis
Financial Reporting & Analysis
Medium
Summit Outdoor Gear has COGS of $3,000,000, revenue of $5,000,000, average inventory of $600,000, average receivables of $500,000, and average payables of $400,000. What is the cash conversion cycle?
A
60.8 days
B
109.5 days
C
73.0 days
D
24.3 days
Select an answer to continue
Tags
#cash-conversion-cycle
#working-capital
#dio
#dso
#dpo
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