Days of payables VS Days sales in A/P 2011, different, between, written

ramzes

Hi, guys. Your advice is needed again.

I'v got these two ratios:

1) Days of payables (ratio from financial statement analysis chapter; purchases used); and
2) Days sales in A/P (ratio from cf shenanigans chapter; COGS used)

Are these ratios simply taken from different sources written by different authors but are essentially the same, or should I distinguish between them on the exam?



Edited 1 time(s). Last edit at Thursday, September 1, 2011 at 02:32AM by Deimon.