Creditor days: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
imported>Doug Williamson m (Expand for DPO. Source: The Treasurer, June 2014, p46, Bright idea, John Bugeja, Lloyds Bank.) |
||
| Line 1: | Line 1: | ||
A working capital management ratio calculated by dividing accounts payable outstanding at the end of a time period by the average daily credit purchases for the period. | A working capital management ratio calculated by dividing accounts payable outstanding at the end of a time period by the average daily credit purchases for the period. | ||
Also known as days payables outstanding (DPO). | |||
== See also == | == See also == | ||
* [[Creditors]] | * [[Creditors]] | ||
* [[Payables management]] | * [[Payables management]] | ||
Revision as of 16:32, 17 June 2014
A working capital management ratio calculated by dividing accounts payable outstanding at the end of a time period by the average daily credit purchases for the period.
Also known as days payables outstanding (DPO).
