Cryptocurrency Q&A
What does CCC mean in banking?
What does CCC mean in banking?
BlockProducer
Wed Nov 20 2024
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7 answers
1772
I'm trying to understand the meaning of CCC in the context of banking. Could someone please explain what this acronym stands for and how it's used in the banking industry?
7 answers
CryptoQueen
Fri Nov 22 2024
The cash conversion cycle (CCC), also referred to as the cash cycle, serves as a crucial indicator.
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Federica
Fri Nov 22 2024
It measures the duration a company takes to transform the cash it invests in inventory back into cash through product sales.
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Andrea
Fri Nov 22 2024
Efficiency in this cycle is essential for financial health.
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KimchiQueenCharmingKissWarmth
Fri Nov 22 2024
A shorter CCC indicates that a company is able to convert its investments quickly.
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CherryBlossomDancing
Thu Nov 21 2024
This reduces the time funds are tied up in accounts receivable and inventory.
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