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There are two ways to calculate Creditors Turnover.
First is using the COGS (Cost of Goods Sold) as the basis. Creditors Turnover = COGS / Creditors (A/c Payables) .
Second is the more common method which uses Sales as the basis. Creditors Turnover = Net Sales / Creditors (A/c Payables).
What else can I help you with?
What is cross turnover?
What is cross turnover
What is turnover intention?
What is turnover intention?
What does a turnover mean?
It is a dish made by folding a piece of pastry over a filling for example apple turnover, blueberry turnover, grape turnover, ect.
Why turnover dropping?
Turnover drops when jobs are scarce.
What is finished goods turnover ratio?
turnover ratio +
What are the advantage of labour turnover?
There are no advantages of labour / staff turnover. Staff turnover is the decrease in the amount of employees you have in your business. Presence of staff turnover indicates employees are leaving your business for some reason. There are no advantages of labour / staff turnover.
What is monthly turnover?
Monthly turnover refers to monthly change. It can be associated with employee turnover or inventory turnover. Managers may use the term to refer to other things as well.
Is Traveling a violation that results in a turnover?
Yes, traveling is a turnover.
What is yearly turnover of Microsoft?
Total turnover - $16.04 billion.
What is it called when prisons have high turnover rates?
High turnover rates in prisons are commonly referred to as "staff turnover" or "correctional officer turnover." This can have negative effects on the overall functioning and security of the prison.
What is company turnover?
company's turnover is '' total sale of the company for that year ''.
The receivables turnover and inventory turnover ratios are used to analyze?
prophitability
