I've encountered the term CCC in the context of payments, but I'm not sure what it stands for or represents. Could someone explain what CCC means in the world of payments or finance?
6 answers
SumoStrength
Thu Nov 07 2024
A shorter CCC implies that a company's funds are not tied up for an extended period in accounts receivable and inventory.
Bianca
Thu Nov 07 2024
Efficient cash conversion allows a company to utilize its funds more effectively.
CryptoPioneer
Thu Nov 07 2024
The cash conversion cycle (CCC), alternatively referred to as the cash cycle, serves as a crucial metric.
Enrico
Thu Nov 07 2024
It indicates the duration a company requires to transform the cash invested in inventory back into cash through product sales.
SamsungShineBrightnessRadianceGlitter
Thu Nov 07 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the digital asset market. These services encompass spot trading, futures trading, and wallet solutions, among others.