Financial Statements & Accounting
2 terms
Trade Payables
Financial Statements & Accounting
₹ crore
Amounts a company owes to suppliers for goods or services already received but not yet paid for.
Creditor Days = Average Trade Payables / Cost of Goods Sold x 365
Trade Receivables
Financial Statements & Accounting
₹ crore
Amounts owed to a company by customers for goods or services already delivered but not yet paid for.
Debtor Days = Average Trade Receivables / Revenue x 365