True, The cash conversion cycle was highest in 2005., The cash conversion cycle decreased significantly after 2005., Days Sales Outstanding was higher in 2005 than in 2018., Days Inventory Outstanding was at its highest level in 2005., Days Payable Outstanding increased over the period shown., The cash conversion cycle was close to zero in 2017 and 2018., DSO remained exactly the same from 2003 to 2018., The company had a lower cash conversion cycle in 2014 than in 2010., The cash conversion cycle increased continuously from 2003 to 2018., In 2018, DPO was higher than DSO., False, The cash conversion cycle reached its highest point in 2018., DSO increased every year between 2003 and 2018., Days Payable Outstanding decreased throughout the entire period., The cash conversion cycle was above 80 days in 2015., The company had its lowest DPO in 2018., The cash conversion cycle was higher in 2010 than in 2005., Inventory outstanding was exactly the same in every year., The black line shows Days Inventory Outstanding.

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