meant it took 63 days from the time Dell spent a dollar on anything until it flowed back through the business and onto the balance sheet (into the bank) as cash. Focusing on one cash improvement strategy/initiative each 90 days, Meredith drove the CCC to negative 21 days by the time he left Dell a decade later. This meant the company received a dollar 21 days before it had to be spent on anything. As Dell grew faster, it generated cash instead of consuming it. That is why the founder and CEO had sufficient cash to contribute to taking the company private in 2013.
