- Measures time in days to convert inventory to cash
- Generally favorable: shorter result
- Includes impact of receivables collection
- Measure of: operating efficiency and working capital management
- Best used with: peer comparison
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Learn financial accounting using beautifully illustrated flashcards, coordinated lessons, and rich audio. Whether you are an aspiring CPA or IFRS expert, use this accountancy app to reach your goals. Even an aspiring chartered accountant or those reaching for the CPA Australia can benefit. Topics of accounting standards, equation, terms, ratios, and more are covered.
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