Ccc tgt | Business & Finance homework help
The cash conversion cycle of my company is 9 days and the cash conversion cycle of another student’s company is 14 days. The factors that are responsible for these differences could include the efficiency of accounts receivable processes, inventory management practices, credit terms offered to customers, frequency of orders placed from suppliers, and length of time needed to manufacture or assemble products. Additionally, differences in operating costs such as labor wages or overhead expenses may also play a factor in the overall cash conversion cycle.