Number of Days of Payables – Excel Template

Ivan Kitov
Ivan Kitov

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.

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.

You can now download the Excel template for free.

Number of Days of Payables is among the topics included in the Corporate Finance module of the CFA Level 1 Curriculum.

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