![Calculate the Trade payables turnover ratio from the following figures: {:(,,,Rs.),("Credit purchases during 2016-17",, =, 12(,)00(,)000),(" Creditors on 1.4.2016",, = ,3(,)00(,)000),("Bills Payables on 1.4.2016",,=, 1(,)00(,)000),("Creditors on 31.3 ... Calculate the Trade payables turnover ratio from the following figures: {:(,,,Rs.),("Credit purchases during 2016-17",, =, 12(,)00(,)000),(" Creditors on 1.4.2016",, = ,3(,)00(,)000),("Bills Payables on 1.4.2016",,=, 1(,)00(,)000),("Creditors on 31.3 ...](https://d10lpgp6xz60nq.cloudfront.net/web-thumb/23320076_web.png)
Calculate the Trade payables turnover ratio from the following figures: {:(,,,Rs.),("Credit purchases during 2016-17",, =, 12(,)00(,)000),(" Creditors on 1.4.2016",, = ,3(,)00(,)000),("Bills Payables on 1.4.2016",,=, 1(,)00(,)000),("Creditors on 31.3 ...
![Average payment period - explanation, formula, example and interpretation | Accounting For Management Average payment period - explanation, formula, example and interpretation | Accounting For Management](https://www.accountingformanagement.org/wp-content/uploads/2012/09/average-payment-period-img1.png)