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Average Payables Day

This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.

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June 24, 2020 at 5:38 am #574582
Sourav9271
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- Topics: 164
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Sir,
Should we consider bank overdraft along with trade payables
i.e Trade Payables+ Bank Overdraft.
——————————————————×365
Cost of sales
June 24, 2020 at 9:55 am #574596
John Moffat
Keymaster
- Topics: 57
- Replies: 54767
No. Payables days is calculating how many days we take before paying our liabilities – it is nothing to do with the bank overdraft.
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