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Accounts Payable Period
The average duration a company takes to pay off its suppliers and creditors, usually measured in days.
Accounts Receivable Period
The mean duration required by a company to receive payments from clients following a sale transaction.
Payables Period
The average time it takes for a company to pay its invoices from suppliers, indicating the company's payment habits and cash flow management.
Credit Sales
Credit sales are transactions where the customer purchases goods or services on credit, agreeing to pay the supplier at a later date.
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