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- 2014-7-24
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同学,你好!
我们可以从公式出发
payables turnover = purchases / average payables
inventory turnover = COGS / average inventory
所以他们涉及了4个变量的变化,这个具体怎么变化要依具体题目而定
如果,如你说的the same day increase in "days of inventory on hand" and "number of days of payable" if only considering this issue
那 cash conversion cycle是保持不变的,因为days of inventory on hand增加的量和number of days of payable减少的量是相同的,相互抵消不影响最后结果。 |
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