I came across the term CCC in a financial context and I'm not sure what it stands for. Could someone please explain what CCC means in finance?
7 answers
ethan_carter_engineer
Sat Nov 23 2024
The cash conversion cycle (CCC) represents a crucial formula in the realm of management accounting.
TaegeukChampionCourageousHeart
Sat Nov 23 2024
It serves as a metric to evaluate the efficiency of a company's working capital management.
CryptoPioneer
Sat Nov 23 2024
This cycle highlights the duration from the point a company acquires inventory.
CryptoMaven
Sat Nov 23 2024
Until the moment it receives cash from its accounts receivable.
KpopStarletShineBrightness
Fri Nov 22 2024
By analyzing the CCC, managers can gain insights into their company's financial health.