Final answer:
The length of the cash cycle for wislon, inc. based on the given information is approximately -16.93 days.
Step-by-step explanation:
The cash cycle is a measure of how long it takes for a company to convert its investments in inventory and other resources into cash. It is calculated by adding the accounts receivable period (the average number of days it takes customers to pay) to the inventory turnover period (the average number of times inventory is sold and replaced in a year), and then subtracting the accounts payable period (the average number of days it takes the company to pay its suppliers).
In this case, wislon, inc. has an inventory turnover rate of 15, an accounts payable period of 54 days, and an accounts receivable period of 37 days. To find the length of the cash cycle, we add the accounts receivable period (37 days) and the inventory turnover period (1/15 of a year), and then subtract the accounts payable period (54 days).
Therefore, the length of the cash cycle for wislon, inc. is 37 + 1/15 - 54 = -16.93 days. Note that a negative cash cycle represents that the company is able to collect cash from customers and pay suppliers before fulfilling its own payment obligations.