cost of sales to payables ratio |
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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.
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cost of sales to payables ratio is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
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http://www.businessdictionary.com/definition/cost-of-sales-to-payables-ratio.html







