CREDITOR DAYS Definition

Bookmark and Share

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.

Learn new Accounting Terms

MBE see MANAGEMENT BY EXCEPTION.

TOTAL LIABILITIES & NET WORTH is the sum of all liability items and Net Worth.

Suggest a Term

Enter Search Term

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