Trade and other payables days
Accounts Payable Days Definitiion Accounts Payable Days is an accounting concept related to Accounts Payable. It is the length of time it takes to clear all outstanding Accounts Payable. This is useful for determining how efficient the company is at clearing whatever short-term account obligations The Creditor (or payables) days number is a similar ratio to debtor days and it gives an insight into whether a business is taking full advantage of trade credit available to it. Creditor days estimates the average time it takes a business to settle its debts with trade suppliers. Days payables outstanding (DPO) is the average number of days in which a company pays its suppliers. It is also called number of days of payables. In general, a low DPO highlights good working capital management because the company is availing early payment discounts.