Timberline Manufacturing has an inventory turnover of 95 days, an accounts payable turnover of 65 days, and an accounts receivable turnover of 78 days. What is Manufacturing's cash Timberline conversion cycle?

Auditing: A Risk Based-Approach (MindTap Course List)
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ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
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Chapter5: Professional Auditing Standards And The Audit Opinion Formulation Process
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What is manufacturing cash conversion cycle?

Timberline Manufacturing has an
inventory turnover of 95 days, an
accounts payable turnover of 65 days,
and an accounts receivable turnover of
78 days. What is
Manufacturing's cash
Timberline
conversion
cycle?
Transcribed Image Text:Timberline Manufacturing has an inventory turnover of 95 days, an accounts payable turnover of 65 days, and an accounts receivable turnover of 78 days. What is Manufacturing's cash Timberline conversion cycle?
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