【Helpful Information】Explanation of Cash Conversion Cycle (CCC)
Stabilizing cash flow! Introducing the basics of CCC, calculation methods, and applications in the construction industry.
The Cash Conversion Cycle (CCC) is an indicator that calculates the number of days it takes for a company to convert purchased goods into profit. It indicates the number of days from when a company pays for its accounts payable incurred from purchasing goods or raw materials until it collects the accounts receivable generated from subsequent sales. In the United States, it has become one of the indicators that reflect a company's financial condition. For more details, please see the related links. [Contents] 1. What is the CCC indicator? 2. How to calculate the CCC 3. What is the benchmark for the Cash Conversion Cycle (CCC)? 4. How to improve the CCC? *For detailed content of the column, you can view it through the related links. For more information, please feel free to contact us.
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