g

(C) Payable Turnover days = 365/ Payable Turnover Ratio Payable Turnover Ratio= Cost of materials consumed/Trade payables Company A: Payable Turnover Ratio= 38540/7015= 5.49 Payable Turnover days = 365/ 5.49= 66.44 Days Company B; Payable Turnover Ratio= 45570/8600= 5.30 Payable Turnover days = 365/ 5.30= 68.88 Days