Research Article
DOI:
xxx-xxxxx-xxxx
Subject:
science
KeyWords:
working capital, stock return, cash conversion cycle
Abstract:
In the current study we dealt with the survey of the relationship between cash conversion cycle, its components, and the stock return. Based on the results obtained from the regressions the stock return has a significant relationship with the cash conversion cycle and its constituents. Based on this, the relationship between the cash conversion cycle and the debt collection period is of a significant and inverse relationship with the inventory turnover period and debt repayment period is of a significant and positive relationship with the return in stocks.