Cash Conversion Cycle The time required to convert raw materials into finished goods, finished goods into sales, and sales into received payments from customers.

现金周转期将原料转换为制成品，继而销售额，继而来自销售者的已收付款所需要的时间。

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The operating cycle represents the period of time elapsing between the acquisition of goods and the final cash collection resulting from sales.

一次减法操作所需的时间，不包括从存储器取出数据和把结果送回存储器所需要的时间。

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