Definition
| CCC | = | # days between disbursing cash and collecting cash in connection with undertaking a discrete unit of operations. | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| = | 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:“... if, as women, we accept a philosophy of history that asserts that women are by definition assimilated into the male universal, that we can understand our past through a male lens—if we are unaware that women even have a history—we live our lives similarly unanchored, drifting in response to a veering wind of myth and bias.” “Beauty, like all other qualities presented to human experience, is relative; and the definition of it becomes unmeaning and useless in proportion to its abstractness. To define beauty not in the most abstract, but in the most concrete terms possible, not to find a universal formula for it, but the formula which expresses most adequately this or that special manifestation of it, is the aim of the true student of aesthetics.” “Although there is no universal agreement as to a definition of life, its biological manifestations are generally considered to be organization, metabolism, growth, irritability, adaptation, and reproduction.” | |||||||||