How do you calculate accounts payable days outstanding?

How do you calculate accounts payable days outstanding? How do you calculate days payables outstanding? The formula for DPO is as follows: Days Payable Outstanding = (Average Accounts Payable / Cost of Goods Sold) x Number of Days in Accounting Period. Days Payable Outstanding = Average Accounts Payable / (Cost of Sales / Number of … Continue reading How do you calculate accounts payable days outstanding?