The time duration between the purchase of a firm's inventory and the cash collection for the sale of that inventory. Cash conversion cycle can also refer to 'asset conversion cycle', 'net operating cycle' or 'simply cash cycle', it is a ratio used in the financial analysis of a business.
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Knowing When Not to Raise Money
You are about to spend months to prepare a business plan and try to raise significant capital for a new product, service or concept. But is that the most productive approach for your project?
Read more: When not raise money