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Winston Inc. is trying to determine the effect of its inventory turnover ratio and days...

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Accounting

Winston Inc. is trying to determine the effect of its inventory turnover ratio and days sales outstanding on its cash conversion cycle. Winston's 2015 sales (all on credit) were $176,000 and its cost of goods sold was 75% of sales. It turned over its inventory 8.06 times during the year. Its receivables balance at the end of the year was $13,154.03 and its payables balance at the end of the year was $7,405.3. Using this information calculate the firm's cash conversion cycle. Do not intermediate calculations. Round your answer to the nearest whole number.

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