What is" Cash Conversion Cycle" CCC?

1Answer

CCC or Cash Conversion Cycle is the number of days it takes an internet business store to change its stock over to money. Handily comprehended as the time between paying providers for stock and gathering the cash from a similar stock deal. 

 

It is an overly significant measurement. A low or stable CCC is a decent sign, while a rising CCC should order some examination. 

 

Fun truth: An amazingly low CCC (negative specifically) is the means by which Amazon is said to have endured the website bubble

 

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