Accounts payable turnover ratio, Finance Basics

Accounts Payable Turnover Ratio

Ratio for Account Payable Turnover is as Follow:

Creditors/accounts payable turnover = Annual credit purchases /Average creditors      

  • The firm buy goods on credit from suppliers.
  • The ratio signify number of times p.a. the firm bought goods upon credit after paying the suppliers.
  • If the creditors turnover is high, this signifies such the payment was made
  • Contained via a short period of time.
Posted Date: 1/30/2013 1:48:00 AM | Location : United States







Related Discussions:- Accounts payable turnover ratio, Assignment Help, Ask Question on Accounts payable turnover ratio, Get Answer, Expert's Help, Accounts payable turnover ratio Discussions

Write discussion on Accounts payable turnover ratio
Your posts are moderated
Related Questions
Comparison to a Competing Firm In Mergent Horizon, return to the competitor page, but now enter the list of competitors "As Defined by the Company."  From this list select a f

Evaluate the probability of 10 or more customers arriving within 2 hours if on average 7 customers arrive within one hour. Customers arrive independently.

Explain about commercial banks in depository institutions. Commercial banks: Commercial banks accept deposits or liabilities to create loans or assets and to buy governme

What are the Functions of Stock Exchange Main functions performed b stock exchange are as follows: (1) Providing Liquidity and Marketability to existing securities: Sto

Question: a) An oil well now produces 75000 barrels per year. The well will produce for 21 years more, but production will decline by 3.7% per year. Oil prices however, will in

Financial Management On the other hand a financial manager has to meet the company's strategic or long term needs as long term investment are helpful to the company since:


I need help with financial econometric questions, i got stuck in finding answers for my homework, Can you provide engineering level financial econometric homework help? I need expe

Advantages of Using Debt Finance Interest on debt is a tax permit able expense and as that it is reduced via the tax allowance. The cost of debt is fixed regardless of

Functions of Capital Markets Functions of Capital Markets are as: 1. Providing long term funds that are essential for investment decisions. 2. Provide advices to investo