Question
XYZ Ltd has the following financial data: •
Inventory Holding Period: 90 days • Receivables Collection Period: 60 days • Payables Deferral Period: 45 days • Annual Sales: ₹12 crore (all on credit) • Cost of Sales: ₹9 crore Compute the working capital cycle and average working capital requirement.Solution
WCC = 90 + 60 – 45 = 105 days; 
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