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Accounts Payable Turnover

Accounts payable[None][None]

Definition

This ratio shows how many times in one accounting period the company turns over (repays) its accounts payable to creditors.

Formula

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Use Case / Interpretation

A higher number indicates either that the business has decided to hold on to its money longer or that it is having greater difficulty paying creditors.

Tags

accounts payable

Metadata

Category: Accounts payable · Added: May 17, 2026

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