What does the accounts payable turnover ratio tell you about a company? How is the ratio computed?

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What does the accounts payable turnover ratio tell you about a company? How is the ratio computed?

Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...
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Financial Accounting

ISBN: 978-1259964947

10th edition

Authors: Robert Libby, Patricia Libby, Frank Hodge

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