Payables Pay Per
This ratio shows the number of days in which the company could pay back the Trade Payables.
The higher the value the better.
Calculation:
Payables Pay Per = 365 / Payables Turnover
See Also
Ratios
Payables Turnover
Glossary Item Box
This ratio shows the number of days in which the company could pay back the Trade Payables.
The higher the value the better.
Calculation:
Payables Pay Per = 365 / Payables Turnover
See AlsoRatios
Payables Turnover