Terms Beginning With 'a'

Accounts Payable Turnover Ratio

  • January 03, 2020
  • Team Kalkine

It gives an idea of the rate of payment to the suppliers by the company. It is calculated as the ratio of Total supplier purchases on credit and the average of the beginning and ending account payables during the period.

x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK