| 单词 | days accounts payable (Days A/P) |
| 释义 | days accounts payable (Days A/P)Definition The average number of days a company takes to pay its bills, used as a measure of how much it depends on trade credit for short-term financing. As a rule of thumb, a well managed company's days accounts payable do not exceed 40 to 50 days. Also called days sales in payables. Formula: Average accounts payable x 365 ÷ cost of sales. |
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