cash conversion
noun[U]
ACCOUNTINGukustheprocessby which acompanychangesthevalueofmaterialsit hasboughtintomoneyreceivedbysellingthefinishedproducts:
We haveachievedstrongrevenuegrowth,highermarginsandimprovedcashconversion.
Cityanalystshadexpressedconcernsover the company'srateofcashconversion.
Compare
cash turnover