An Empirical Investigation of the Cash Conversion Cycle of Small Business Firms

Authors

Katerina Lyroudi, Florida Atlantic University
Dan McCarty, Florida Atlantic University

Abstract

The purpose of this study is to examine the cash conversion cycle as an indicator of the company’s liquidity, to determine the relationship of the cash conversion cycle with the current and the quick ratios and with its component variables, and to investigate the implications of the cash conversion cycle for small businesses in terms of profitability and firm size.

JEL Codes

L25, G32

Keywords

Cash Conversion Cycle, CCC, Small Business, Small Firm

Recommended Citation

Lyroudi, Katerina and McCarty, Dan (1993) "An Empirical Investigation of the Cash Conversion Cycle of Small Business Firms," Journal of Small Business Finance: Vol. 2: Iss. 2, pp. 139-161.
DOI: https://doi.org/10.57229/2373-1761.1161
Available at: https://digitalcommons.pepperdine.edu/jef/vol2/iss2/4