THE CASH CONVERSION CYCLE IN ROMANIAN COMPANIES

Abstract

In this paper, we conducted a research on the equilibrium of cash operating cycle phases, between two moments: cash inflow and cash outflow. The research methodology is based on system financial ratios of 20 companies listed on Bucharest Stock Exchange in the energy industry. In this research paper it’s demonstrate how the cash conversion cash ratios system conducts to the short term company’s equilibrium.

Keywords

• operating activity
• investment
• financing
• cash cycle
• assets.