Cliff edge and Creditor days: Difference between pages

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imported>Doug Williamson
(Standardise page layout & link with Brexit page.)
 
imported>Doug Williamson
m (Expand for DPO. Source: The Treasurer, June 2014, p46, Bright idea, John Bugeja, Lloyds Bank.)
 
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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.


An abrupt and large transition from one state to another, either from the passing of time, or from a small change in an input which causes an unusually large change in an output.
Also known as days payables outstanding (DPO).


 
== See also ==
2.
* [[Creditors]]
 
* [[Payables management]]
Disruptive negative effects resulting from such a change.
 
 
:"Britain will seek a phased implementation [of Brexit changes] to avoid a 'disruptive cliff edge' when Britain eventually leaves the EU."
 
:''The Treasurer, February 2017, report on UK prime minister Theresa May's speech of January 2017.''
 
 
==See also==
*[[Brexit]]
*[[Tax]]

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).

See also

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