CCC

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Related to Cash conversion cycle: Operating cycle, Days Sales Outstanding

CCC

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It was also found that longer CCC is maintained by older firms and firms having greater cash flow, where as highly leveraged with more opportunity for growth and return on assets preserve more aggressive policies of working capital, and this recommends that cost of supporting has an adverse effect on firm's cash conversion cycle.
Using multiple regression analysis, results showed that WCM as cash conversion cycle, impact on firm profitability.
Effective working capital solutions, including supply chain finance programs, can be strategic toolsets that enable the treasurer to proactively improve working capital, reduce the cash conversion cycle, and ensure short-term liquidity demands are satisfied and quarterly cash flow targets are achieved.
According to the aforementioned study, the main study objectives are reviewing and explaining the relationship between the cash conversion cycle and economic value added in Tehran Stock Exchange.
Cash conversion cycle is a comprehensive performance measure used for reviewing the ability of companies in managing their capital.
Raheman, Afza, Qayyum, and Bodla (2010) found that the performance of firms is significantly related to the cash conversion cycle and the average age of inventory.
Noticeably absent from almost all accounting and auditing textbooks is an approach to liquidity analysis that incorporates the element of time--the cash conversion cycle (CCC), which was introduced in 1980 by Verlyn Richards and Eugene Laughlin in their article "A Cash Conversion Cycle Approach to Liquidity Analysis," Financial Management, Vol.
Verlyn and Laughlin (1980) addressed the importance of the cash conversion cycle and they said that even though working capital management is not receiving the same attention as long-term investment in financing decisions, it occupies the major portion of a financial manager's time and attention.
In a study of the aggregate cash conversion cycle, Moss and Stine (1993) found that a negative relationship existed between the size of the firm and the length of the cycle.
In recent years, the cash conversion cycle has become an increasingly popular tool for analyzing a firm's cash management.