cost of sales to payables ratio
Definition
Indicator of the number of times accounts payable turn over during a period. A low number indicates longer time between making a sale and collecting its payment. Formula: Cost of sales ÷ accounts payable.
Popular 'Accounting & Auditing' Terms
cost of sales to payables ratio in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/cost-of-sales-to-payables-ratio.html
