Business Accounting : How to Calculate Days Payable

Business Accounting : How to Calculate Days Payable

Calculating days payable can be done by dividing the accounts payable by the purchases for the period, or it can be done by dividing accounts payable by the cost of goods sold. Determine how well a company uses working capital with information from a certified public accountant in this free video on accounting. Expert: Miranda Chook Bio: Miranda Chook is a CPA with expertise in international operations. Filmmaker: Bing Hugh