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Alpine Manufacturing has an inventory turnover of 75 days, an accounts payable turnover of 48 days, and an accounts receivable turnover of 60 days. What is Alpine Manufacturing's cash conversion cycle?

Alpine Manufacturing has an inventory turnover of 75 days, an accounts payable turnover of 48 days, and an accounts receivable turnover of 60 days. What is Alpine Manufacturing's cash conversion cycle?

Corporate Fin Focused Approach
Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter16: Supply Chains And Working Capital Management
Section: Chapter Questions
Problem 11P
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Alpine Manufacturing has an inventory turnover of 75 days, an accounts payable turnover of 48 days, and an accounts receivable turnover of 60 days. What is Alpine Manufacturing's cash conversion cycle?
Transcribed Image Text:Alpine Manufacturing has an inventory turnover of 75 days, an accounts payable turnover of 48 days, and an accounts receivable turnover of 60 days. What is Alpine Manufacturing's cash conversion cycle?
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