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:“... we all know the wag’s definition of a philanthropist: a man whose charity increases directly as the square of the distance.” “I’m beginning to think that the proper definition of “Man” is “an animal that writes letters.”” “The very definition of the real becomes: that of which it is possible to give an equivalent reproduction.... The real is not only what can be reproduced, but that which is always already reproduced. The hyperreal.” | |||||||||