ACCOUNTS PAYABLE TO SALES Definition

Bookmark and Share

ACCOUNTS PAYABLE TO SALES measures the speed with which a company pays vendors relative to sales. Numbers higher than typical industry ratios suggest that the company is using suppliers assets (cash owed) to fund operations.

Learn new Accounting Terms

SHILLING is a currency of Biafra, Kenya, Somaliland, Tanzania, Uganda, England, and Isle of Man.

UNFAVORABLE VARIANCE is the opposite of favorable variance. See FAVORABLE VARIANCE.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.