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question 127

Multiple Choice

Find . ​ ​

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Definitions:

Days' Payable Outstanding

Days' Payable Outstanding (DPO) is a financial ratio that indicates the average time (in days) that a company takes to pay its bills and invoices to its trade creditors.

Accounts Payable

Accounts payable are amounts a company owes because it purchased goods or services on credit from a supplier or vendor.

Days' Payable Outstanding

A financial metric that measures how long it takes a company to pay its invoices from suppliers, reflecting on cash management practices.

Accounts Payable

Money owed by a business to its suppliers or creditors for goods and services purchased on credit.