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cash conversion cycle |
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Cash conversion cycle The length of time between a firm's purchase of inventory and the receipt of cash from accounts receivable.
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| Cash conversion cycle days increased to 22 days for the fourth quarter of 2006 from 11 days for the third quarter of 2006. 2% and cash conversion cycle (CCC) days of 44, among the highest of Fitch-rated EMS companies, in fiscal 2006. I am also pleased by our continued improvements in working capital management - where we reduced the Cash Conversion Cycle for the quarter by 10 days, to a record low of 49 days. |
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