Accounts Payable Turnover Ratio

Definitions
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Accounts Payable Turnover Ratio,

Accounts Payable Turnover Ratio:

  • Brian Barnier is the chief analyst at Value Bridge Advisors, co-founder and editor-in-chief of FedishBoard.com, and a visiting professor at Colin Powell School, City University, New York City.

    • The turnover rate payable in accounts is a measure of short-term liquidity that is used to measure the rate at which a company pays its suppliers.
    • Accounts payable indicates that the business pays the amount payable over a period of time.
    • Ideally, the company wants to earn enough to pay off its debt quickly, but not so quickly that it loses the opportunity to use the money to invest in other projects.

Literal Meanings of Accounts Payable Turnover Ratio

Accounts:

Meanings of Accounts:

  1. See or see yourself in a certain way.

  2. Set up or upload files for accounts with specific or accepted amounts.

  3. A record or report of financial income and expenditure relates to a specific period or purpose.

  4. An arrangement by which an organization raises funds on behalf of a customer or provides goods or services to a customer on credit.

  5. An agreement that gives a user personal access to a computer, website, or application by entering their personal username and password.

Sentences of Accounts

  1. In order to report accurately, the trustee should not confuse trust assets with other properties.

  2. Detailed report obtained

  3. The bartender does the math

  4. He doesn't care about money

Synonyms of Accounts

adjudge, prominence, results, narrative, importance, reckon, consequence, sketch, weightiness, news, ledger, portrayal, communiqué, deem, narration, look on as, interest, story, statement, tale, judge, count, delineation, rendition, description, regard as, substance, hold to be, financial statement, report

Payable:

Meanings of Payable:

  1. Debt arising out of company liabilities.

  2. Paying (cash)

  3. Can submit

Sentences of Payable

  1. Payable account (excluding customer payments and payable accounts)

  2. Interest is paid on the amount owed

Synonyms of Payable

due, owed, owing, to be paid

Turnover:

Meanings of Turnover:

  1. The amount earned by the company in a given period.

  2. The rate at which employees leave the workforce and take their place.

  3. A muffin that is made by folding a piece of flour on top to cover the sweet filling.

  4. (In the game) losing control of the ball to the opposing team.

Sentences of Turnover

  1. About 4 million in sales

  2. Too many fluctuations leave the program with many young teachers

  3. The apple nest

  4. Lead the team and be careful to avoid swings.

Synonyms of Turnover

income, rate of replacement, coming and going, yield, movement, change, gross revenue, revenue

Ratio:

Meanings of Ratio:

  1. A quantitative relationship between two quantities that indicates how many times one value is included or the other quantity is included.

Sentences of Ratio

  1. The male-female employment ratio is 8 to 1

Synonyms of Ratio

quantitative relation, comparative number, relationship, balance, proportion, correspondence, comparative extent, correlation