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Accounts Payable Turnover Ratio
A liquidity ratio that measures how many times a company pays off its suppliers over a period.
Accounts Payable
Money owed by a business to its suppliers or creditors for goods or services received.
Inventory
The raw materials, work-in-process products, and finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.
Interest-Bearing Note
A debt instrument that pays interest to the holder until the maturity date, at which point the principal is repaid.
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