Payable Turnover
Formula
COGS / Average Accounts Payable
Interactive Calculator
| Component | Value |
|---|---|
| Cost of Goods Sold | |
| Average Accounts Payable | |
| Payable Turnover | — |
CategoryEfficiency
Example600K / 80K = 7.5
Related Subjects
Used in Formula
- Days Payable Outstanding (DPO)Used in: Days Payable Outstanding (DPO)
See Also
- Cost of Goods SoldBoth part of Payable Turnover
External Links
- Accounts payable turnover — Wikipedia