One way to improve a company's cash conversion cycle is to increase its days sales outstanding.

Name: One way to improve a company's cash conversion cycle is to increase its days sales outstanding.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Increasing days sales outstanding means that it takes longer for the company to collect payment from its customers, which would actually lengthen the cash conversion cycle. Therefore, decreasing days sales outstanding would be a better way to improve the cash conversion cycle.

One Way to Improve a Company's Cash Conversion Cycle Is