Payable turnover ratio - Formula, meaning, example and interpretation
Turnover Ratios Formula
![How to calculate accounts payable? [Complete Guide]](https://global-uploads.webflow.com/636bdbebfc681f083e923f81/63861e787250735b7fe8ffb7_62a81f547e50864e76ecacf1_A%2520Guide%2520to%2520Calculating%2520Accounts%2520Payable.png "How to calculate accounts payable? [Complete Guide]")
How to calculate accounts payable? [Complete Guide]
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Calculate the Trade payables turnover ratio from the following figures: {:(,,,Rs.),("Credit purchases during 2016-17",, =, 12(,)00(,)000),("Creditors on 1.4.2016",, = ,3(,)00(,)000),("Bills Payables on 1.4.2016",,=, 1(,)00(,)000),("Creditors on 31.3 ...
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Accounts Payable Turnover Ratio Definition, Formula, & Examples
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