The cash conversion cycle represents the periodic transformation of non-current assets through working capital back to cash.

Name: The cash conversion cycle represents the periodic transformation of non-current assets through working capital back to cash.
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The cash conversion cycle measures the time it takes for a company to convert its investments in inventory and other resources into cash flows from sales, focusing on current assets and liabilities rather than non-current assets.

The Cash Conversion Cycle Represents the Periodic Transformation of Non-Current