Accountancy, asked by lovelykarthika, 5 months ago

what is inventory conversion period? how it is calculated.

Answers

Answered by chrisjames55

Explanation:

The inventory conversion period is the time required to obtain materials for a product, manufacture it, and sell it. This period is essentially the time period during which a company must invest cash while it converts materials into a sale. The calculation is: Inventory ÷ (Cost of sales ÷ 365)

Answered by goldathomas69

Answer:

hello

banalam

thalapathy

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