Compare and contrast the cash conversion cycles ccc of, Ask an Expert

Finance

Compare and contrast the cash conversion cycles (CCC) of Caterpillar Inc. (ticker: U:CAT), Ingersoll-Rand Company Limited (U:IR), and Terex Corp. (U:TEX). Calculate the average age of inventory (AAI), average collection period (ACP), average payment period (APP), operating cycle (OC), and cash conversion cycle (CCC) at the end of each of the last five fiscal years for the three companies. Also calculate the resources invested in the cash conversion cycle in each year for the three companies. How has the CCC changed over the last five years for each firm? What are the reasons for the changes? Compare the CCC of the three firms in each of the five years and identify sources for the difference in each year. Which company has the lowest resources invested in the cash conversion cycle each year? Assume a 365-day year.

View complete question

Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92044789

Have any Question?Write your Review or question?

Related Questions in Basic Finance

Ferrell inc recently reported net income of 8 million it

Ferrell Inc. recently reported net income of $8 million. It has 500,000 shares of common stock, which currently trades at $22.50 a share. Ferrell continues to expand and anticipates that 1 year from now, its net income w ...

Assume that you put 37341 dollars in an account that earns

Assume that you put 373.41 dollars in an account that earns simple interest at a 13.2 percent annual rate. How much is in your account after 13 years from now?

Financial decision making case study assignment -assessment

Financial Decision Making Case Study Assignment - Assessment Overview - This is the first of two assessments for this course. For this assessment you will select a listed company from an Aotearoa New Zealand context and/ ...

What is the expected return of a portfolio with 25 invested

What is the expected return of a portfolio with 25% invested in UK stock and 75% in the U.S. if the U.S. return was 15% and the UK was 12%? What is the portfolio risk of the portfolio in the questions above if the correl ...

What is the amount of the excess of the original sales

What is the amount of the excess of the original sales price of common stock over its par value called? Retained Earnings Common Stock Additional paid-in-capital Preferred stock Common equity

You have just leased a car that has monthly payments of 365

You have just leased a car that has monthly payments of $365 for the next 4 years with the first payment due today. If the APR is 6.84 percent compounded monthly, what is the value of the payments today? $13,979.07 $15,3 ...

Market-value ratios garret industries has a priceearnings

(?Market-value ratios?) Garret Industries has a? price/earnings ratio of 19.46X a. If? Garret's earnings per share is ?$1.65?, what is the price per share of? Garret's stock? b. Using the price per share you found in par ...

Problem - npv versus irr garage inc has identified the

Problem - NPV versus IRR Garage, Inc., has identified the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 -$29,700 -$29,700 1 15,100 4,650 2 13,000 10,150 3 9,550 15,900 4 5,450 17,500 a-1. ...

You are looking at price-to-book ratios as an alternative

You are looking at price-to-book ratios as an alternative to price-to-earnings ratios. Three of the advantages of P/B ratios that your assistant gives are: Advantage 1: Because book value is a cumulative balance sheet ac ...

What is marketing discipline what is most peoples

What is marketing discipline? What is most people's perception of marketing discipline? Name an organization that has done a great job marketing. What did they do to make you feel this way?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Basic Finance Expert