Accounts Payable Turnover is a ratio that represents the average number of times a firm pays its creditors over a given period. To calculate it, we divide a company’s purchases by the average account payables for a given period.
This is an open-access Excel template in XLSX format that will be useful for anyone who wants to work as an Accountant, Financial Analyst, Corporate Finance Practitioner, or Finance Manager.
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Accounts Payable Turnover is among the topics included in the Corporate Finance module of the CFA Level 1 Curriculum.