Cash conversion cycle (CCC) - Financial definition
Financial acronyms
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Concise definition of the term cash conversion cycle
The cash conversion cycle measures the time between a company's purchase of inventory and the receipt of cash from accounts receivable.
Comprehensive definition of the term cash conversion cycle
CCC is the time a business needs to turn purchases into cash receipts from customers. It represents the number of days a firm's cash stays tied up within the operations of the business.