[IICA Independent Director] 22, Working Capital and the Cash Conversion Cycle

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How to calculate the cash conversion cycle using inventory, receivable, and payable days. - Why rapid revenue growth can create cash shortages even when profitability remains healthy. - How board members can evaluate trade-offs when management changes working capital policies. - The critical distinction between general Companies Act requirements and SEBI LODR listed entity rules. - Why passing the IICA assessment fulfills an eligibility step without acting as a board license or guaranteed appointment. OpenExamPrep provides independent educational study materials to help candidates prepare for professional assessments, including resources at https://open-exam-prep.com/practice/in-iica-independent-director and video content at https://www.youtube.com/@Open-exam-prep . Sources checked: September 28, 2026 https://www.independentdirectorsdatabank.in/ https://www.mca.gov.in/ https://www.sebi.gov.in/legal/regulations.html