Payables days and Treaty: Difference between pages

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imported>Doug Williamson
(Correct spelling.)
 
imported>Doug Williamson
(Mend link.)
 
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''Financial ratio analysis - management efficiency ratios.''
1.  ''International law.''


Payables days are 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 treaty is a binding international agreement in writing between two or more states.


Payables days measures the average number of days taken to pay trade suppliers.
Many treaties need domestic ratification to bring them into force.




2.  ''Law - contract law.''


For example: a company has an average of £50,000 of payables over a year in which the cost of goods sold was £400,000.  
Negotiation.


The payables days are:


(50,000 / 400,000) X 365
==See also==
 
* [[Bloc]]
= 45.6 days
* [[Contract ]]
 
* [[Free trade]]
 
* [[Globalisation]]
A higher number is generally perceived as better, but a business needs to maintain the goodwill of its suppliers and shorter payment terms may therefore be necessary.
* [[Harmonisation]]
 
* [[International law]]
 
* [[International trade]]
Also known as Creditor days or Days payables outstanding.
* [[Invitation to treat]]
 
* [[Law]]
 
* [[Model tax treaty]]
== See also ==
* [[NATO]]
* [[Creditors]]
* [[Private treaty]]
* [[Debtor days]]
* [[Protectionism]]
* [[Management efficiency ratio]]
* [[Quota]]
* [[Payables management]]
* [[Ratification]]
* [[Tariff]]
* [[Trade war]]
* [[Treaty on European Union]]
* [[Treaty on the Functioning of the European Union]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]

Revision as of 09:57, 29 October 2022

1. International law.

A treaty is a binding international agreement in writing between two or more states.

Many treaties need domestic ratification to bring them into force.


2. Law - contract law.

Negotiation.


See also

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