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Bin · 2024年07月21日

原本就是30天还,供应商给了一个提前还的option但我没有选择,这不是cash conversion cycle不变吗?

NO.PZ2023090505000011

问题如下:

Assuming no change in days sales outstanding and days of inventory on hand, an issuer in need of cash flow that forgoes the discount offered by its vendor for payments within 10 days and chooses to pay on the due date in 30 days is:

选项:

A.

shortening its cash conversion cycle

B.

lengthening its cash conversion cycle

C.

not affecting its cash conversion cycle

解释:

A is correct. The issuer that uses the vendor financing by delaying payments is increasing its days payable outstanding and thus shortening its cash conversion cycle. The issuer is reducing its need for liquidity by taking advantage of the vendor financing at the cost of the forgone discount.

如题,感觉这道题感觉有点歧义,我选的c,因为我的比较对象应该是正常还供应商钱(不提前还)的cash conversion cycle,所以不变。想问下老师这种没有给默认比较对象的题目应该怎么理解呢?

1 个答案

王琛_品职助教 · 2024年07月22日

嗨,从没放弃的小努力你好:


1

这道题的题干,可能表达的比较隐晦哈

题目涉及两种情形的比较

2

情形一是在第 10 天付款,享受折扣

情形二是在第 30 天付款,不享受折扣

3

假设其他因素不变(即 DOH 和 DSO不变),延迟付款到第 30 天,会增加 DPO

所以根据公式,会减少 CCC

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