Cash Conversion Cycle (CCC)

Days between cash outlay and cash collection

Finance Operations Manufacturing E-commerce / RetailDurationQuarterly

FORMULA

CCC = Days Inventory Outstanding + Days Sales Outstanding - Days Payable Outstanding

Alternate Calculations

Full Formula((Inventory / COGS) × 365) + ((AR / Revenue) × 365) - ((AP / COGS) × 365)

What is Cash Conversion Cycle?

The Cash Conversion Cycle measures how long it takes a company to convert its cash investments back into cash through the operating cycle. It combines Days Inventory Outstanding, Days Sales Outstanding, and Days Payable Outstanding. A shorter cycle means better working capital management and less financing needed.

Chart

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EDIT DATA

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Sample Data

quarter	dio	dso	dpo	ccc
Q1	45	30	20	55
Q2	44	28	22	50
Q3	43	27	23	47
Q4	42	26	24	44

Required Data Columns

Days Inventory OutstandingDays Sales OutstandingDays Payable Outstanding