Inventory Ratios conversion, tested, conceptual

hinsafdar

How much are these ratios tested in Level 1? Items like:

Cash conversion cycle
Payables Turnover Ratio
Number of days in Inventory

I find these topics extremely boring and hoped that it is more conceptual than memorizing these formulas. Thanks!

JRossSter

cash conversion cycles arent as important as the the other two, but i reckon they are really easy to remember if you really understood the concept underlying these ratios.

thisisbrianly

I'd guarantee a couple questions involving knowing the formulas of one of these.. AR turnover is more commonly tested IMO