标题: Days' Sales in Accounts Payable [打印本页] 作者: defour44 时间: 2013-4-8 16:07 标题: Days' Sales in Accounts Payable
Formula = [accounts payable/COGS] X number of days
Anyone understand the logic of this?作者: LorrinCFA 时间: 2013-4-8 16:08
COGS/Accounts Payable is the Acct Payable Turnover and this tells you the rate a company pays off its suppliers. So dividing 365days from this turnover ratio would tell you how many days on average it takes to pay off your purchases.
