Creditors (Accounts Payable) Payment Period | Explained with Example

What is the Creditors Payment Period? What is the formula for calculating the Creditors (Accounts Payable) Payment Period? How do you calculate it? How do you analyze/interpret the Creditors (Accounts Payable) Payment Period?
In this lesson, we explain what the Creditors Payment Period is and go through the formula and a clear example of how to calculate it.

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