Which of the following best describes the Days Payable Outstanding?

This ratio masures the number of days a firm's inventories are held on average before being sold, it

also indicates the quality of the inventory.

This ratio expresses how rapidly the firm is collecting its credit accounts.

This ratio measures the average number of days it takes a company to pay back its accounts payable

This ratio measures the number of days it takes a firm's to pay for its inventories