09
Oct
The CCC (money conversion cycle) may be a variable that gives a business the time it wants to change into cash sources from sales from its inventories and other properties. Too often referred to as the net working period or simply the cash loop, CCC attempts to calculate the time it has been transferred to earned cash for every net income dollar. This measure takes into account how long the company requires to supply its stock, how much it takes to receive payments, and how long it has to pay its bills without penalty. CCC is one of a number…