BUISENESS MANAGEMENT
FINANCIAL MANAGEMENT
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Question
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What is CCC stands for
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Cash Conversion Cycle
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Cash Cycle
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Cash Conversion Concept
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Circular Cash Cycle
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Explanation:
Detailed explanation-1: -The cash conversion cycle(CCC), also known as the net operating cycle or cash cycle, measures the time a company takes to encash its inventory. The cash cycle estimates the time a company takes to convert each net input dollar used for the production and sale of products into cash received in their bank account.
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