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What is operating cycle explain it's significant?

Financial Management
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Question added by Mohammed Basha , senior business development manager , Edelweiss Life insurance
Date Posted: 2018/07/15
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Oksana Gorisnaja
by Oksana Gorisnaja , finance manager , Bright Accounting Sweden AB

The operating cycle  defines how many days it takes for a company to turn purchase of inventory into cash receipts from its eventual sale

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