Zhi Ming Cheah asked 4 years ago
For GDB Holdings Berhad, it is an investment holdings company which does not have any reported inventory. Can Cash Conversion Cycle be calculated or it is an inaccurate metric and not suitable to be used here? if that is the case, what alternative metric can be used to evaluate its cash conversion cycle?
1 Answers
Victor Chng answered 4 years ago
For such company, you should track their receivables days and trade payables days
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