Creditor days

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Revision as of 16:32, 17 June 2014 by imported>Doug Williamson (Expand for DPO. Source: The Treasurer, June 2014, p46, Bright idea, John Bugeja, Lloyds Bank.)
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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