单选题
In many instances the initial purchase of raw materials or finished foods for resale is on
1
Thus, suppliers can provide financing in the form of
2
payable. The accounts payable period covers the period between when tile order for law materials is
3
and when the resulting payable is paid. The accounts payable period is subtracted
4
the length of the operating cycle to get the cash conversion cycle. The cash conversion cycle measures a firm"s financing gap in
5
of time. In other words, it is the time between when the firm pays its suppliers and when it collects money from its customers.