ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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CREDITOR DAYS Definition
CREDITOR DAYS is the number of days it takes the company to pay trade creditors. This ratio provides an indication of the amount of credit given to the business by its suppliers. The formula is trade creditors divided by sales multiplied by 365 days.
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BAHT is the currency of Thailand.
RETAIL is the selling of goods directly to consumers; usually in small quantities and not for resale.