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Essay

cah conversion cycle

Essay specific features

 

Issue:

Business

 

Written by:

Ernest R

 

Date added:

December 6, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 680

 

Was viewed:

3743 times

 

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Essay content:

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as return on equity and return on assets) it can be especially useful for comparing close competitors because the company with the lowest CCC is often the one with better management...
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The lower the CCC, the better for the business and revenues. Every firm seeks to lower the CCC but because of the nature of nowadays trade system, when selling goods one to another, firms do not expect to receive the payment for goods sold immediately. The unpaid bills, or trade credit, constitute the most of a firm’s accounts receivable...
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General issues of this essay:
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