Question

Does an increase in a firm's cash cycle necessarily mean that the firm is managing its cash poorly? 

   Does an increase in a firm's cash cycle necessarily mean that the firm is managing its cash poorly?
Fundamentals of Corporate Finance, 2nd Edition
Fundamentals of Corporate Finance, 2nd Edition
Jonathan Berk, Peter… 2nd Edition
Chapter 19, Problem 3 ↓

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The cash cycle is the amount of time it takes for a company to convert its investments in inventory and other resources into cash from sales to customers.  Show more…

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Does an increase in a firm's cash cycle necessarily mean that the firm is managing its cash poorly?
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