Definition
| CCC | = | # days between disbursing cash and collecting cash in connection with undertaking a discrete unit of operations. | ||||||||
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| = | Inventory conversion period | + | Receivables conversion period | – | Payables conversion period | |||||
| = | Avg. Inventory Read more about this topic: Cash Conversion Cycle Famous quotes containing the word definition:“The man who knows governments most completely is he who troubles himself least about a definition which shall give their essence. Enjoying an intimate acquaintance with all their particularities in turn, he would naturally regard an abstract conception in which these were unified as a thing more misleading than enlightening.” “It is very hard to give a just definition of love. The most we can say of it is this: that in the soul, it is a desire to rule; in the spirit, it is a sympathy; and in the body, it is but a hidden and subtle desire to possess—after many mysteries—what one loves.” “Perhaps the best definition of progress would be the continuing efforts of men and women to narrow the gap between the convenience of the powers that be and the unwritten charter.” | |||||||||