Accounts payable aging

Accounts payable aging,

Definition of Accounts payable aging:

  1. The company is indebted to its creditors.

  2. This process determines which providers are paid on time, who are not, and how much their bills are from the date of payment. This analysis shows which suppliers will have to pay first to avoid credit or shipping problems.

How to use Accounts payable aging in a sentence?

  1. In the last report, you had only share 8.52 share of total liabilities, most accounts are payable.

Meaning of Accounts payable aging & Accounts payable aging Definition