Number of Days of Payables is a ratio that represents the amount of time it takes for a firm to pay its suppliers. To calculate it, we divide 365 (the number of days in a year) by the accounts payable turnover.
Some other related topics you might be interested to explore are Payables Turnover, Operating Cycle, and Net Operating Cycle.
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Number of Days of Payables is among the topics included in the Corporate Finance module of the CFA Level 1 Curriculum.