CREDITOR DAYS Definition

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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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INFRASTRUCTURE is the resources (as personnel, buildings, or equipment) required for an activity.

EARNINGS BEFORE TAXES see PROFIT BEFORE TAXES.

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