How does management might be able to reduce the cash conversion cycle?
Submitted by admin on February 25, 2010 – 1:07 pmNo Replies
A web user asks, Cash conversion cycle tells us how quickly a company turns cash invested in inventory into cash in the bank after collecting credit sales from customers and paying off its suppliers. The more quickly a company can turn over its inventory, the more efficiently it’s managing its assets.
Can you help them out? Post your advice!
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