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:“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.” “According to our social pyramid, all men who feel displaced racially, culturally, and/or because of economic hardships will turn on those whom they feel they can order and humiliate, usually women, children, and animals—just as they have been ordered and humiliated by those privileged few who are in power. However, this definition does not explain why there are privileged men who behave this way toward women.” “It’s a rare parent who can see his or her child clearly and objectively. At a school board meeting I attended . . . the only definition of a gifted child on which everyone in the audience could agree was “mine.”” | |||||||||