Financials
AP Days (Days Payable Outstanding)
The average number of days a business takes to pay its suppliers, calculated as (payables / COGS) × 365. Longer AP days indicate the business is effectively using supplier credit as working capital.
Financials
The average number of days a business takes to pay its suppliers, calculated as (payables / COGS) × 365. Longer AP days indicate the business is effectively using supplier credit as working capital.