If a company's inventory turnover increases from 8 to 10,then its cash conversion cycle will also increase,i.e.,get longer.

Question

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A higher inventory turnover indicates that the company is selling its inventory more quickly, resulting in a shorter cash conversion cycle. Therefore, if the inventory turnover increases from 8 to 10, the cash conversion cycle would actually decrease or get shorter, not longer.

If a Company's Inventory Turnover Increases from 8 to 10,then