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 Timberline Manufacturing's 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 Timberline Manufacturing's cash conversion cycle?
Chapter16: Supply Chains And Working Capital Management
Section: Chapter Questions
Problem 11P
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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
Timberline Manufacturing's cash conversion cycle?
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