Accounts Payable Turnover Ratio | Formula + Calculator - Wall …
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WEBApr 14, 2024 · Payables Turnover Ratio = Supplier Credit Purchases ÷ Average Accounts Payable In short, the A/P turnover answers, “How often does the company pay off its invoices per year on average?” For example, if a company’s A/P turnover is 2.0x, then this means it pays off all of its outstanding invoices every six months on average, …
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