All else being equal, an increase in the n

问题单项选择题

All else being equal, an increase in the number of days payable will most likely cause a company's cash conversion cycle to:（）

A. increase.

B. remain the same.

C. decrease.

答案

参考答案：C

解析：

根据公式：现金周转期(cash conversion cycle)=应收账款回收天数(days of sales outstanding)+存货周转天数(days of inventory on hand)-应付账款偿还天数(number of days of payables)，可知增加应付账款周转时间会使得现金周转期减少。