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Debt Vs.
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Creditor
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Creditors
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6:52
tutor2u.net
Creditor (Payables) Days
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. The ratio is a useful indicator when it comes to assessing the ...
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