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Definition: account payable from Collins English Dictionary

n

1 accounting US a current liability account showing amounts payable by a firm to suppliers for purchases of materials, stocks, or services on credit

Accounts Payable Turnover Ratio

From QFinance: The Ultimate Resource
The rate at which a company pays off its suppliers. The accounts payable turnover ratio is a short-term liquidity measure that quantifies how well a company pays its average payable amount over a single accounting period. Investors want to know how quickly your company pays its bills, which is why the accounts payable turnover ratio is important. This ratio measures your company’s short-term liquidity. Investors consider a falling ratio a sign that the company is taking longer to pay suppliers than before, which might suggest cash flow problems. However, a rising ratio would suggest a relatively short time between purchase of goods and services and payment. The accounts payable turnover ratio is based on the total purchases made from suppliers, divided by the average accounts payable amount over the same period, as below: APTR = Total supplier purchases/Average accounts payable For example, if a company makes $10 million in purchases from suppliers during a year, and at any given point…
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Full text Article creditors (accounts payable)

From Collins Dictionary of Business
the money owed to individuals or firms because they have supplied goods, services or raw materials for which they have not yet been paid (trade creditors), or because they have made LOANS . Amounts falling due for payment within one year are counted as part of a company's CURRENT LIABILITIES in its…
| 170 words
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Full text Article Accounts Payable Turnover Ratio

From QFinance: The Ultimate Resource
The rate at which a company pays off its suppliers. The accounts payable turnover ratio is a short-term liquidity measure that quantifies how well a company pays its average payable amount over a single accounting period. Investors want to know how quickly your company pays its bills, which is why…
| 466 words
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Full text Article accounts payable

From Webster's New World Finance and Investment Dictionary
| 30 words
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Full text Article accounts payable

From The New Penguin Business Dictionary
| 16 words
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Full text Article accounts payable

From QFinance: The Ultimate Resource
| 22 words

Full text Article accounts payable

From The Macquarie Dictionary
| 25 words
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Full text Article Accounts payable

From The AMA Dictionary of Business and Management
| 19 words
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Full text Article accounts payable

From Dictionary of Accounting
| 11 words
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Full text Article accounts payable

From Collins Dictionary of Business
| 4 words
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Full text Article accounts payable

From Dictionary of Human Resources and Personnel Management
| 12 words
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