Days payable

A measure of the Average time a company takes to pay vendors, equal to accounts payable divided by annual Credit purchases times 365.

Related Terms: 4 Account, Average, Credit, Purchase

Other Related Pages: Category: Accounting Starting With: D

Additional Related Terms: 10-Q, 10-K, Account, Accounts receivable, Accounts receivable aging, Accounts receivable turnover, Account statement, Average accounting return, Average collection period, Account aggregation