Winnebago Industries has the following metrics for 2015 and 2014. Amounts in days Days sales outstanding 2015 2014 25.7 19.3 Days inventory outstanding 47.3 49.1 Days payable outstanding 13.9 13.3 Compute the cash conversion cycle for both years. (Answer in days)
Winnebago Industries has the following metrics for 2015 and 2014. Amounts in days Days sales outstanding 2015 2014 25.7 19.3 Days inventory outstanding 47.3 49.1 Days payable outstanding 13.9 13.3 Compute the cash conversion cycle for both years. (Answer in days)
Chapter16: Working Capital Policy And Short-term Financing
Section: Chapter Questions
Problem 3P
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Question
Compute the cash conversion cycle for both year ??

Transcribed Image Text:Winnebago Industries has the following metrics for 2015 and 2014.
Amounts in days
Days sales outstanding
2015 2014
25.7 19.3
Days inventory outstanding 47.3 49.1
Days payable outstanding
13.9 13.3
Compute the cash conversion cycle for both years.
(Answer in days)
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