A company has a cash conversion cycle of 70 days. If the company's payable turnover decrease from 11 to 10 days and receivable days increases by 5, what is the new days of cash conversion cycle?
(11)Cash conversion cycle现金回收周期 = collection period(应收账款周转期) + inventory period (存货周转期)- payment period(应付账款周转期).
昨天正好给学生上到财务报告分析,谈到了这个内容
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