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:“No man, not even a doctor, ever gives any other definition of what a nurse should be than this—”devoted and obedient.” This definition would do just as well for a porter. It might even do for a horse. It would not do for a policeman.” “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.” “... we all know the wag’s definition of a philanthropist: a man whose charity increases directly as the square of the distance.” | |||||||||