Ratio analysis 2: liquidity, working capital, and long-term financial stability

Quiz Content

not completed
. Jamila Limited has payables days of 24.22, inventory days of 7.68 and receivables days of 18.11. What is Jamila Limited's cash conversion cycle?

not completed
. Saran Limited has inventory days of 24.69, payables days of 35.35 and receivables days of 32.75. What is Saran Limited's cash conversion cycle?

not completed
. Esther Limited is a small manufacturing company that trades with all its customers and suppliers on credit. The following figures are drawn from Esther Limited's financial statements for the year ended 31 October 2021:
Sales for the year to 31 October 2021: £1,095,000
Cost of sales for the year to 31 October 2021: £693,500
Inventory at 31 October 2021: £91,200
Trade receivables at 31 October 2021: £105,000
Trade payables at 31 October 2021: £95,000
What is Esther Limited's cash conversion cycle?