Titus spider toys was the manufacturer of spider toys and has huge market share with tremendous increase in its sales. In the recent times it was hard for the company to calculate its cash conversion cycle as the business grows, many receivables was not received on time. Advise the company with its cash cycle in days. Accounts receivables=172 Days Inventory Outstanding =15 Days Payable Outstanding=4 Average Sales per Day = 17

Titus spider toys was the manufacturer of spider toys and has huge market share with tremendous increase in its sales. In the recent times it was hard for the company to calculate its cash conversion cycle as the business grows, many receivables was not received on time. Advise the company with its cash cycle in days. Accounts receivables=172 Days Inventory Outstanding =15 Days Payable Outstanding=4 Average Sales per Day = 17

Corporate Fin Focused Approach

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter16: Supply Chains And Working Capital Management

Section: Chapter Questions

Problem 11P

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