The accounts payable turnover ratio or (APTR) is one of the efficiency ratios investors use to determine how efficient a company is at paying the money it owes its suppliers for raw materials, products or services. A ratio of 3 means it would take the company approximately 132 days to repay its suppliers (days in a year divided by the ratio).

A high number of APTR can both be a positive or negative sign, on the one hand we could assume that the company has got a healthy cashflow and it managed to establish a trust relationship with its suppliers, however it could also mean that the company might have problem paying its bills. Therefore it is important to look at other ratios as well.

## Find Accounts Payable Turnover Ratio

enter a number in thousands, enter 5 for 5,000 or 50 for 50,000

enter a number in thousands, enter 5 for 5,000 or 50 for 50,000