Math Problem Statement
a) With the data obtained in the previous points, calculate the average period of economic maturity of Perfilados, S.A.
Solution
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Math Problem Analysis
Mathematical Concepts
Cash Conversion Cycle
Inventory Management
Receivables and Payables Turnover
Formulas
DIO = (Average Inventory / Cost of Goods Sold) * 365
DSO = (Average Accounts Receivable / Sales) * 365
DPO = (Average Accounts Payable / Cost of Goods Sold) * 365
CCC = DIO + DSO - DPO
Theorems
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Suitable Grade Level
University level (Finance or Accounting)
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