Days of Payables Outstanding Definition | Becker
Accounting Dictionary
Days of Payables Outstanding
The days of payables outstanding is ending accounts payable divided by (cost of goods sold/365). See also cash conversion cycle and days in inventory and days sales in accounts receivable.
Related Terms:
Cash Conversion Cycle [FARBAR]Days in Inventory [FARBAR]Days Sales in Accounts Receivable [FARBAR]Back to Dictionary