Forums›ACCA Forums›Trade Payables DaysACCA ForumsFMTrade Payables DaysKKeith7y agoWhat do I add and subtract to the cost of sales in the SOPL to get the figure for 'credit purchases' when working out the Trade Payables days? Thanks.KKeith7y ago#1Brain took a while to get going there after a long day... (Credit) Purchases = cost of sales + closing inv - opening inv Thanks.Sign into reply to this topic.
KKeith7y agoWhat do I add and subtract to the cost of sales in the SOPL to get the figure for 'credit purchases' when working out the Trade Payables days? Thanks.
KKeith7y ago#1Brain took a while to get going there after a long day... (Credit) Purchases = cost of sales + closing inv - opening inv Thanks.
