Results for tag: "Cash Conversion Cycle"

The Cash Conversion Cycle (CCC) is a metric used in accounting to measure the time it takes for a company to convert its investments in inventory and other resources into cash flows. It is calculated by subtracting the number of days it takes to collect accounts receivable from the number of days it takes to pay off accounts payable. The CCC is an important indicator of a company's liquidity and financial health, as it measures the amount of time a company has to wait before it can use its resources to generate cash. The CCC market is composed of companies that provide services and products related to the CCC. These include software providers that offer CCC analysis and reporting tools, as well as consulting firms that provide advice on how to optimize the CCC. Additionally, there are financial institutions that offer financing solutions to help companies manage their CCC. Some companies in the CCC market include Intuit, Oracle, SAP, Deloitte, KPMG, and Ernst & Young. Show Less Read more