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Creditor Days Calculation Explained by Kathir Hai is a document available to read on EtoBox.
What is Creditor Days Calculation Explained about?
The document discusses the calculation and interpretation of creditor days and working capital ratios. It defines creditor days as creditors divided by average daily purchases, using figures from the balance sheet and profit & loss statement. An example calculation shows creditor days of 82 days. Working capital is defined as current assets minus current liabilities and represents a company
- Author
- Kathir Hai
- Language
- EN