What metric indicates the number of days expenses could be paid using cash on hand?

The correct metric that indicates the number of days expenses could be paid using cash on hand is Days Cash Available. This metric provides insight into an organization's liquidity by calculating the number of days the organization can continue to pay its operating expenses using its available cash reserves without generating additional cash flow. It is essential in assessing how well a company can manage its financial obligations in the short term.

Days Cash Available is particularly valuable during periods of financial uncertainty, as it helps organizations understand how long they can sustain operations with existing cash resources. Metrics like Days in Resident Accounts Receivable focus on the collection of receivables, while the Cash Conversion Cycle measures how efficiently a company can convert its resources into cash. Accounts Payable Cycle, on the other hand, addresses the timing of payments to suppliers. However, none of these metrics directly address the sufficiency of cash to cover immediate operational expenses like Days Cash Available does.