Accountancy, asked by mateenjavaidch, 10 months ago

Explain what a negative cash conversion cycle means

Answers

Answered by maheshvakhardar

0

Explanation:

If a company has a negative cash conversion cycle, it means that the company needs less time to sell its inventory (or produce it from raw materials) and receive cash from its customers compared to time in which it has to pay its suppliers of the inventory (or raw materials).

Answered by nisthasaini22

0

Explanation:

If a company has a negative cash conversion cycle, it means that the company needs less time to sell its inventory (or produce it from raw materials) and receive cash from its customers compared to time in which it has to pay its suppliers of the inventory (or raw materials).

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